Analyst: Facebook will make $1.2B yearly from mobile ads
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The wildly popular social networking giant, Facebook, plans to generate $1.2 billion from mobile advertising, according to UK-based analyst firm Mobile Squared.
This bit of news has circulated for some time now, as we recently reported the social networking site was working on bringing ads to smartphones and tablets in the near future. The $1.2 billion a year estimate was calculated by future earnings from major markets, such as the United States and all of Europe — the UK, France, Germany, Italy and Spain. »read more
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