EMarketer: Facebook US mobile ad revenue soaring

April 3rd, 2013 in Technology / Business

A research firm expects Facebook's mobile ad revenue to soar this year, hitting nearly $1 billion a year after the company started to splice ads into its users' mobile phones and tablets.

The forecast comes a day before Facebook is planning to unveil a new Android product. Speculation has centered on a mobile phone, made by HTC Corp., that deeply integrates Facebook into the Android operating system.

EMarketer said Wednesday that it expects Facebook Inc. to reap $965 million in U.S. mobile ad revenue in 2013. That's about 2.5 times the $391 million in 2012, the first year that Facebook started showing .

is No. 2 behind . when it comes to mobile advertisements, and it isn't expected to surpass the online search leader any time soon.

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"EMarketer: Facebook US mobile ad revenue soaring." April 3rd, 2013. http://phys.org/news/2013-04-emarketer-facebook-mobile-ad-revenue.html