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Mark Zuckerberg has dismissed all recent speculation that Facebook (NASDAQ:FB) was planning to launch a smartphone by declaring at the company’s post-earnings conference call that the plan didn’t make any sense. There had even been a report linking a possible Facebook’s mobile phone with device manufacturer HTC, but the Facebook chief executive said such a plan was not in the cards.
Don’t Miss: Facebook Hits All-Time LOW.
Instead, Facebook was focused on increasing “the depth of the experience in addition to just growing users” by integrating itself into other phones.
“You’ll see us do things like support Apple (NASDAQ:AAPL) in the iOS integration that they wanted to do,” Zuckerberg said. “There are lots of things that you can build in other operating systems as well that aren’t really building out a whole phone, which I think really wouldn’t make much sense for us to do.
“We want to not just have apps that people use but also be kind of deeply integrated into the systems as possible. We want to support a development ecosystem, where other apps can build on top of Facebook.”
The Facebook co-founder also admitted that the social network’s experience on mobile still needed some work. “If you use the apps today, they’re relatively basic compared to what I think anyone can imagine they would want from a Facebook experience on a phone,” he said.
Shares of Facebook (NASDAQ:FB) hit an all-time low on Friday and finished the day at $23.70, down 11.7%. Meanwhile, shares of Apple (NASDAQ:AAPL) completed Friday trading at $585.16 per share, up 1.79%.
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