Facebook stock just jumped 24% in pre market trading in the US.

Why? Facebook has demonstrated it can be a very big business on mobile where everything is heading (see chart).

After generating $0 dollars in mobile ad revenues during the first quarter and an immaterial amount during the second quarter, Facebook today announced that 14 percent of its advertising revenue came from mobile ads in Q3 2012.

That’s $152.6 million – $610.4 million a year.

 

 

Posted in: Infographic of the day, News