Facebook Earnings Nearly Triple On Mobile Ads, But Does Facelift Loom?

Facebook Earnings Nearly Triple On Mobile Ads, But Does Facelift Loom?

… wrote Jefferies Equity Research analyst Brian Pitz on Wednesday. Revenue from a mobile ad network could eventually be as valuable as Google's (GOOGL) AdMob mobile network , which Pitz estimates will bring in about $4.4 billion in revenue this year.

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