Zuckerberg Likes Facebook Inc (FB)’s Outlook


Mark Zuckerberg, founder of Facebook Inc (NASDAQ:FB), was an active voice on the earnings report conference call today. As we previously reported, Facebook Inc (NASDAQ:FB) posted a $157 million dollar loss in their first ever earnings report, as a publicly traded company. Zuckerberg stated to investors “Hopefully you’ll come away with a clear perspective on our investments.”

He went on to stress the fact that the use of smartphones to access Facebook’s mobile platform is growing. This has caused a decline in advertising revenue. Zuckerberg went on to spend several minutes describing the company’s future goals and aspirations, before continuing to the earnings report.

Zuckerberg Likes Facebook Inc (FB)'s Outlook

Mohnish Pabrai On Waiting For The Perfect Pitch