Rumors Swirl -- Is The Facebook Phone a Good Idea?
May 31st 2012 11:41PM
Updated May 31st 2012 11:42PM
The following video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner discusses topics across the investing world.
Newsflash: Facebook has a mobile problem, and it's a big one. It can't make money over mobile devices. The recently minted IPO clearly needs to crack the code in the mobile sphere, especially as its users migrate to mobile devices more and more. But how should they approach this? Well, wunderkid CEO Mark Zuckerberg might have a solution in the works. Recently, rumors swirled about a secret project within Facebook that's intended to develop a branded smartphone. And while this holds implications for companies across a host of industries, is it the right move for Facebook? Both Apple and Google have relegated much of the current smartphone market to the dustbin. Does Facebook stand a chance against two of the biggest names in tech? Listen on to find out.
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At the time this article was published Andrew Tonner has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Facebook, and Google. Motley Fool newsletter services recommend Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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