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Facebook execs hammered with IPO questions at first shareholder meeting

Sharon Gaudin | June 12, 2013
Frustrated stockholders press CEO Zuckerberg on sagging stock price.

To do that, Zuckerberg said Facebook needs to be a mobile company. That, he added, is something they are succeeding with.

According to Zuckerberg, over the past year, the company has transitioned from focusing on the desktop to focusing on mobile users. And to show its progress, Zuckerberg reported that today 30% of company revenue comes from mobile apps, which is up from zero a year ago.

 

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