Facebook revenue soars thanks to mobile users

Facebook has found a way to generate revenue from mobile phone users following the company’s huge profits for the last financial period. Facebook reported an increase in its revenues, earning over $2.02bn in the third quarter with mobile ads accounting for nearly 50% of the total revenues. The company’s shares registered a 15% increase within […]

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Apple shares fall by 10%

The shares in Apple have dropped by 10 percent after the sales figures failed to impress the investors. The quarterly revenue of a record amount of $55bn was not enough to lift spirits over the disappointing sales record of the recently launched iPhone 5. Analysts say that the company is at a risk of falling […]

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