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MarketFoolery

Facebook: The Mobile Network

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 2 February 2017

⏱️ 16 minutes

🧾️ Download transcript

Summary

Facebook’s mobile ad revenue continues to dominate. Analyst Simon Erickson shares why he believes Facebook’s increased spending in 2017 is a good thing for long-term shareholders. Plus we discuss the latest with The New York Times, InvenSense, updated information on the “bacon shortage” and the looming groundhog civil war in Pennsylvania.

Transcript

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0:00.0

It's Thursday, February 2nd.

0:03.6

Welcome to Market Foolery.

0:04.6

I'm Chris Hill and joining me in studio today

0:06.4

from Motley Fool Explorer, Simon Ericsson.

0:09.2

Happy Groundhog Day.

0:10.2

Happy Groundhog Day to you as well, Chris. Six more weeks. Six more, yes, Punctitana. day. There are a lot of Groundhucks out there. Punctsatani Phil immortalized in the classic Bill Murray comedy Groundhog Day, saw his shadow

0:28.2

six more weeks of winter, although as we were just talking about right before we started taping,

0:32.0

here in the D in the DC area,

0:34.0

winter hasn't even really started. I can handle this, right? It's been incredibly mild,

0:38.0

unlike the Midwest, which has just gotten hammered. We're going to talk about Facebook's earnings and we're going to get

0:45.8

into a couple of other news stories. But just sticking with the Groundhog, do you think?

0:50.2

We talked about it on yesterday's episode and listeners just flooding us with emails and

0:55.8

tweets.

0:56.8

Nathaniel, one of our listeners, actually made the pilgrimage to Punctetani and was tweeting out photos. Another listener posted on our Facebook

1:06.2

page which anyone can join. If you're on the Facebook just go to Motley Full

1:10.4

Podcast. Posted a sort of the business angle, which is hotels.

1:17.0

Hotel rates in Punctetani get jacked up.

1:19.8

$450 a night, whoa, last night to stay at a hotel in Puxetani.

1:25.0

Compare that to the Super Bowl this weekend, about $100 less in Houston to get a hotel

1:31.0

room.

1:32.0

And here's, I think this is my favorite, favorite comment from a listener.

1:37.0

From State Representative Brian Cutler, who is a state rep in the Commonwealth of Pennsylvania.

...

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