Thursday, January 31, 2013

Mark Zuckerberg Ends Facebook Phone Rumors

While the social network continues to grow with mobile, there?s no sign of a smartphone in its future

(Image: File)

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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Source: http://www.blackenterprise.com/technology/mark-zuckerberg-ends-facebook-phone-rumors/

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