Facebook Q3 10-Q: Not As Rosy As It Appears
by Bowen Qian
On October 24, Facebook (FB) posted the biggest single day gain as the company managed to generate 14% of its revenues ($150M this quarter) from mobile, up from essentially 0% earlier this year. This increase in mobile monetization managed to boost a YoY revenue growth by 8% vs. 0% for the last quarter. However, a deeper look into the company's 10-Q reveals other issues still brooding within the world's largest social network. read more »
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