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Facebook profits tumble due to heavy mobile spending

Discussion in 'TechSpot News and Comments' started by Shawn Knight, Jan 31, 2013.

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  1. Shawn Knight TechSpot Staff Posts: 1,668

    Facebook has released fourth quarter and full year financial results for the period ending December 31, 2012. The social network reported $1.59 billion in revenue, topping Wall Street estimates with a healthy 40 percent year over year increase. Profit, however,...

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    Shawn Knight, Jan 31, 2013
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