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Facebook says 14% of advertising revenue is now coming from mobile

Facebook has published its financial results for the third quarter of 2012, reporting a 32% increase in revenue to $1.262 billion (£782 million) but a quarterly loss of $59 million.

Revenue from advertising was $1.09 billion, a 36% increase from the same quarter last year.

Author: The Fonecast
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LG quarterly results show mobile business performing above expectations

LG Electronics has reported results for the third quarter of 2012, noting that better-than-expected performance from its mobile and home appliance businesses helped offset a slight drop in year-on-year sales figures.

Net profit for the quarter was 157 billion South Korean Won (£88.75 million); a significant improvement from last year’s loss.

Author: The Fonecast
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EE quarterly results show regulation pushing revenue down

EE (formerly Everything Everywhere) has published its third quarter financial results for 2012.

Service revenue was down 3% year-on-year to £1.496 billion, although the company says this would have been a 3.1% increase without the effect of changes to mobile termination rate and roaming regulations.

Author: The Fonecast
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