Cyrrus (Cyrrus)
World markets  |  September 12, 2012 09:51:31

Zuckerberg (Facebook): Now we finally mobile company


CEO of social networking site Facebook Mark Zuckerberg yesterday in the first public interview after unsuccessful IPO analysts said what they wanted to hear. "Now we are a mobile company" is a quote that summarizes his thoughts and the reason for a positive market reaction. After the conclusion of trading, the title got back above U.S. $ 20 and closed the border on the price of $ 20.09. Management is working to correct the errors which he did in an effort to increase revenues from their mobile applications. A very low revenues from the mobile version of Facebook and the weak outlook were the reason for the sharp drop in prices after the IPO by about 50%.For investors is good news, but now the CEO must stand by their words and in a matter of weeks to months to release a new application that finally convince investors that mobile advertising is actually hiding promised potential.

Tomáš Menčík

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Zuckerberg (Facebook): Nyní jsme konečně mobilní firmou

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