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.