Facebook announced its second quarter 2014 earnings today, and one fact is becoming more and more obvious. Facebook is a mobile company now. It makes 62 percent of its advertising revenue on mobile, a dramatic change for a company that had no mobile ads as recently as two years ago. Its important to note that Facebooks monthly user base has grown 14 percent year over year, while its mobile user base has grown much more, at 31 percent.
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