An Impressive Move by Facebook

I was not expecting much from Thursday's Facebook (FB) phone announcement, but ended up being surprised and impressed.

There is no question that Facebook was obliged to enter the phone operating system space. (When CEO Mark Zuckerberg protested last year that making a Facebook phone "didn't make much sense," I thought he was full of it.) If Facebook does not put itself at the center of users' experience, it will become just another app. Granted, it might be no better or worse than, say, Yelp (YELP) -- a fine company, but one whose stock fetches less than one-fortieth of Facebook's....425 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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