Facebook Inc. (NASDAQ:FB) is pushing to change that perception this week at the F8 developer conference in San Francisco, the company’s first major event for app makers since 2011. Getting more developers to use its tools is key to Facebook’s mobile ambitions. Mobile ads now generate 59 percent of the company’s advertising revenue, up from almost nothing at the time of its 2012 initial public offering. Facebook Inc. (NASDAQ:FB) shares after opening at $59.97 moved to $60.01 on last trade day and at the end of the day closed at $57.71. Company price to sales ratio in past twelve months was calculated as 16.60 and price to cash ratio as 11.72. Facebook Inc. (NASDAQ:FB) showed a negative weekly performance of -2.09%.
Zynga Inc. (NASDAQ:ZNGA) Net operating cash flow has significantly decreased to $7.73 million or 60.90% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm’s growth rate is much lower. Zynga Inc. (NASDAQ:ZNGA) shares fell -6.21% in last trading session and ended the day on $4.08. ZNGA return on equity ratio is recorded as -5.40% and its return on assets is -4.40%. Zynga Inc. (NASDAQ:ZNGA) yearly performance is 30.35%.
In the mobile world, developers are also still more focused on appealing to Apple and Google Inc. (NASDAQ:GOOG) which are the prime distributors of apps through their online stores, Huuuge’s Gauffin said. Google Inc. (NASDAQ:GOOG) shares moved down -1.71% in last trading session and was closed at $516.18, while trading in range of $515.42 – $524.70. Google Inc. (NASDAQ:GOOG) year to date (YTD) performance is -7.57%.
Apple Inc. (NASDAQ:AAPL) has offered to replace faulty on-off buttons on the iPhone 5, a rare glitch that it said on Friday affected “a small percentage” of the previous-generation smartphones. Apple Inc. (NASDAQ:AAPL) weekly performance is 8.95%. On last trading day company shares ended up $571.94. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 7.52%. Analysts mean target price for the company is $614.00.
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