I've referenced eMarketer's projections for mobile ad revenue in more than one article.
For 2012, the firm estimates Twitter will generate $130 million in mobile ad revenue compared to Facebook's $73 million for a total of $203 million. By 2014, eMarketer estimates the two companies will combine for over $1 billion on mobile with Facebook overtaking Twitter by almost $200 million.
It's a synergistic dream come true. And it should happen . . . yesterday.
Government regulators wouldn't know what to do with it because, as Jerry Seinfeld once said to George Costanza, There's no precedent baby!At the time of publication, Rocco Pendola was long FB. Follow @rocco_thestreet
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts