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Facebook reports a big quarter for mobile ads

Caitlin McGarry | May 2, 2013
The business that was non-existent last year is now a major revenue driver and possibly the future of the company.

Despite the strong earnings and progress in mobile, Facebook still must work to prove its worth to advertisers.

"Brands got very used to TV, and they got very used to search," said COO Sheryl Sandberg during the earnings call. "We are a third thing."



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