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Submitted by PaPa-Slam 1022d ago | opinion piece

Facebook’s only weakness: Mobile

ExtremeTech: Facebook has filed for its initial public offering (IPO), and assuming the Securities and Exchange Commission (SEC) approve it, Facebook will emerge on the public stock market in a couple of months, create up to $10 billion of capital, and make multi-millionaires out of its stock-holding employees. To start the IPO ball rolling, Facebook had to submit an S-1 form to the SEC. The S-1 is a public document and contains much of the information that a potential investor needs to know, from the total revenue ($3.7 billion) and profits ($1 billion), to the number of monthly users (845 million), and more. The most interesting section of the S-1 is usually the Risk Factors, however — and in the case of Facebook, it’s surprising just how many risks Zuckerberg and co have identified. (Facebook, Phones, Web)

C_Menz  +   1021d ago
Shouldn't be to much of a problem revenue wise since they could easily add in a few ads on the mobile apps for Facebook. I never really noticed the ads weren't there compared to the normal website, and I wouldn't mind if they added a few small ones in there.

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