All focus is on Apple and Facebook as the tech giants prepare to announce quarterly financial results later today.
However, Apple is expected to reveal flat growth in revenue for this quarter. Therefore a lot of interest will be on the tech giant’s dominance in China, and the news surrounding its latest mobile carrier partner, China Mobile.
As far as Facebook is concerned a lot of focus will be on the company’s mobile advertising model.
According to the CEO of Marvin Traub Associates, Mortimer Singer, who previewed Facebook’s results on Bloomberg, the company currently receives 52pc of its total revenue from mobile advertising.