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Wednesday, Jan 30
More on Facebook: Monthly active users (MAUs) +5% Q/Q and +25% Y/Y in Q4 to 1.06B. Mobile MAUs...
More on Facebook: Monthly active users (MAUs) +5% Q/Q and +25% Y/Y in Q4 to 1.06B. Mobile MAUs +13% Q/Q and +57% Y/Y to 680M, exceeded Web MAUs for first time. Ad sales (84% of revenue) +41% Y/Y, Payments revenue flat after accounting adjustment. Mobile accounted for 23% of revenue, up from Q3's 14%. Costs/expenses +82% Y/Y, well above revenue growth and Q3's 57%. R&D spend +140% Y/Y to $297M. Capex was $287M, down for second straight quarter. Cash/investment balance at $9.6B. FB -5.2% AH. (PR) (slides)