This article is from nearly two years ago and claims that Facebook was very secretively working on its own mobile OS. If this is indeed the case, a lot of their somewhat recent acquisitions make a little more sense (GoWalla, Karma, Instagram obviously, and LightBox).
The fact that their valuation gets beat down on the lack of ad revenue in the ever growing mobile space turns into a bullish signal if they release a high quality phone with a high profit margin. I wondered why they were splitting up their mobile app into many recently on Android as well, and this tells me that it's possible they want to create a suite of "necessity" apps as the basis for their platform.
This article is from nearly two years ago and claims that Facebook was very secretively working on its own mobile OS. If this is indeed the case, a lot of their somewhat recent acquisitions make a little more sense (GoWalla, Karma, Instagram obviously, and LightBox).
http://en.wikipedia.org/wiki/List_of_acquisitions_by_Faceboo...
The fact that their valuation gets beat down on the lack of ad revenue in the ever growing mobile space turns into a bullish signal if they release a high quality phone with a high profit margin. I wondered why they were splitting up their mobile app into many recently on Android as well, and this tells me that it's possible they want to create a suite of "necessity" apps as the basis for their platform.