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Facebook Mobile Strategy Goes Viral

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Facebook Mobile Strategy Goes Viral
AIRED:
Facebook swung to higher-than-anticipated quarterly profits and sales. It appears Facebook is getting mobile strategy right. Mobile made up more of total ad revenues than it did the prior quarter. One other metric of note - the monthly average number of users logging on to the social network on their phones jumped 51 percent from the same time last year. The response was bullish - the stock immediately surged above $31 in after-hours trade - a level not breached since February.moreless
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