Facebook’s 4Q Earnings: Mobile Daily Average Users Top Web, Revenue Up, Expenses Sink Net Income

Facebook’s transition to a mobile company continues unabated, as the social network announced within its fourth-quarter earnings release that mobile daily average users surpassed Web DAUs during the period for the first time ever.

Facebook’s transition to a mobile company continues unabated, as the social network announced within its fourth-quarter earnings release that mobile daily average users surpassed Web DAUs during the period for the first time ever.

Facebook said it totaled 1.06 billion monthly active users and 618 million DAUs as of Dec. 31, up 25 percent and 28 percent, respectively, versus Dec. 31, 2011.

The social network had 680 million mobile MAUs as of Dec. 31, up 57 percent year-over-year.

Facebook’s fourth-quarter revenue of $1.585

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