Facebook Business - Social networking company Facebook Inc.. posted a rise in advertising revenue in the third quarter of this year. Advertising revenues contributed by mobile phones and tablet computers as much as 14 percent or U.S. $ 150 million of all advertising revenue. This figure is up from earnings in the second quarter, worth U.S. $ 40-50 million. In the first quarter, the company did not reap the penny revenue from advertising on mobile phones. "It makes people's views changed on Facebook," said Robert Baird & Co analyst Colin Sebastian, as quoted by Reuters news agency on Wednesday, October 24, 2012.
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