While the social network continues to grow with mobile, there?s no sign of a smartphone in its future
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Facebook CEO and founder Mark Zuckerberg not only threw a wrench in the rumor mill today, he killed it. On the company?s fourth-quarter earnings call Wednesday Zuckerberg ended all the speculation by dismissing the legendary phone.
?People keep on asking if we?re going to build a phone,? said Zuckerberg. ?We?re not going to build a phone.?
Today?s earning announcement revealed exactly why Facebook doesn?t need to own its own device. Between owning its own apps and photo-sharing site Instagram, Facebook owns more than 25% of the time that users in the US spend on mobile devices, reports ReadWrite.
Read more at ReadWrite?
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