...Facebook CEO Zuckerberg says he would not be surprised if more consumption of video content continues. One of the big trends in the few years, he says, is the growth in video.
...Q&A begins. One question is about the company’s outlook for capital spending for the year. CFO says is pretty comfortable with his guidance of $2.7 billion to $3.2 billion for capital spending, a big rise from 2014.
This is why the most recent dip
...Facebook CFO says 2015 revenue will be effected by exchange rates. Total revenue in 2015 will be 5% lower than it would be with exchange rates of 2014. Total expenses will increase during the year, with more investment in data centers and employees.