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KPIX KPIX 5 News At 6pm August 1, 2013

Revenue was about 650 million or about 40 of its total. Thats up a whopping 30 from the 1st quarter of this year. They are losing their high value customer, the folks that are on pcs and they are gaining low value customers folks on smartphones and mobile devices. Reporter but this tech analyst says he remains cautious on mobile ad revenue for facebook and other companies as well because of what he says are historically low conversion rates. So that means if you see an ad, do you buy something . That hasnt happened with mobile. We figured a mobile user is worth onefifth of a pc user and right now facebook switching one for the other at a prodigious rate. So high value to low value customers. Reporter Mark Zuckerberg says we have made Good Progress growing our community deepening engagement and delivering Strong Financial
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