Wednesday, May 9, 2012

You heard it here first

http://swimminginbs.blogspot.ca/2012/04/reading-week.html

From CNBC, it seems investors are starting to clue into some of the fine print in Facebook's latest SEC filing:

Increasing Mobile Usage. Increasing use of Facebook on mobile devices will also affect our performance, particularly if mobile use substitutes for use on personal computers. Historically, we have not shown ads to users accessing Facebook through mobile apps or our mobile website and we cannot be certain that our mobile monetization approaches will be successful in generating meaningful revenue. We cannot quantify the extent to which mobile usage of Facebook is substituting for, rather than incremental to, usage of Facebook through personal computers, but we generally expect mobile usage to increase at a faster rate than usage through personal computers for the foreseeable future.

It should get quite interesting over the next week


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