Facebook Phone Not Coming Anytime Soon

Mark Zuckerberg has officially laid the smack down on rumors circulating around that Facebook is working on a smartphone of their own. Sure, such rumors are more or less guaranteed to drive traffic to any site, but the Facebook founder claims that nothing of that sort is going to happen anytime in the near and immediate future. In fact, at a recent earnings call, Facebook Chief Executive Mark Zuckerberg said, “We’re not going to build a phone.It’s not the right strategy for us to build one integrated system…Let’s say we sell 10 million units — that would be 1 percent of users. Who cares for us?”

Well, do you think that Zuckerberg is correct in his analysis? After all, the company has already gone public, and its stock price has not been doing gangbusters as expected. Perhaps investors think otherwise, but it cannot be denied that it would require a mighty effort for Facebook to come up with their very own hardware from scratch without enlisting the help of other seasoned players in the market. Status quo seems about right at this point in time.

Source : ubergizmo