There is no doubt that after the launch of its IPO, Facebook had a bad period of struggle in the market. The projected inflows and earnings were not as per the agenda and even during a period of one year after the launch, Facebook's earning from mobile advertising was not as it had anticipated. The speculations and rumors have been sidelined with the latest press release by Facebook where they declared their earnings for the second quarter of 2014. As per the results, Facebook has achieved to increase its revenue to 67%. Its weakest area of earnings through mobile ads has become now quite a strong piece of the overall revenue by having a contribution of 60%.
With increasing profit margins and its end users base, Facebook has become a top most ranker in terms of ad seller. With these results announced, Facebook shares price had a whooping jump by 5% and the current share price of USD 75.2 is almost double of the initial offering of USD 38 IPO.
http://itknowledgeexchange.techtarget.com/quality-assurance/revival-of-facebook-mobile-ad-revenue-an-excellent-project-showcase/