Facebook Phone: Is This What Facebook Will Announce?

Will Facebook announce a new phone? It would make sense considering the fact that their mobile share is going up and that ad traffic plays nicely into their strategy. While they are still behind current leader Google by a considerable margin, their share is still increasing. However, since both analysts and CEO Mark Zuckerberg have been skeptical, maybe the announcement simply has to do with a new service, something possibly relating to Zynga, Instagram, or something along those lines. Follow the live updates right here on Policymic.