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As we mentioned in our coverage of Zynga's fourth quarter earnings, mobile has been one of the fast-growing parts of Zynga's business.
Yet, the biggest news of all is that a long-anticipated shift is happening — as we learned during Q3 earnings, mobile ads are growing and now represent 14percentt of advertising revenue.
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It reported impressive Q2 earnings, with mobile ad revenue now representing 41percentt of the total ad revenue.
One of the themes that came up repeatedly during the conference call for Google's second quarter earnings was mobile advertising.
One of the big themes that CEO Marissa Mayer kept returning to during the webcast discussing Yahoo's second-quarter earnings was mobile.
In a positive sign for eBay, according to its earnings report, mobile was a "key catalyst" for PayPal's growth this quarter, with payments volume off eBay "growing 128percentt for the year," and total payment volume for the year hitting $27 billion.
In terms of earnings, T-Mobile reported $1.2 billion in EBITDA for the quarter, a sequential improvement of 12.4percentt, but a year-over-year decrease of 7.5percentt.
Shares in Deutsche Telekom fell to a 42-month low, hit by weak earnings from its mobile units in the United States.
MasterCard, the BT Group and Visa reported better-than-expected quarterly earnings, while the mobile phone company Motorola posted a profit after analysts had predicted a loss.
"PetroChina has three times the earnings of China Mobile, yet sells at a third the market capitalization," Ward says.
In the latest entry to the array of corporate earnings warnings, Swedish mobile telecommunications company Ericsson warned its fourth-quarter profit would be 15% to 20% below expectations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com