Twitter to Earn More Mobile Ad Revenue Than Facebook This Year [REPORT]

Twitter may have a ways to go until it matches Facebook's valuation, but at least in one crucial segment -- mobile advertising -- it appears to be besting its larger rival.

A report from eMarketer estimates that Twitter will hit $129.7 million in U.S. mobile ad revenues this year compared to $72 million for Facebook.

However, Twitter's advantage in the mobile ad space won't last for long. According to eMarketer's predictions, Facebook's ad revenue will grow five-fold to $387 million in 2013, beating Twitter's take by more than $100 million. This would make Facebook the second highest mobile ad earner behind Google.

eMarketer's predictions offer some hope for investors who are c…
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