Mark Zuckerberg, the face behind Facebook, took to the stage Tuesday at the Tech Crunch Disrupt Conference in San Francisco. For many, it was the main event of the day. For stockholders and Wall Street, it was a vital Q&A to restore their faith and hopefully their wallets.

That being said, Zuckerberg spoke with clear confidence and enthusiasm. He did recognize that he was addressing Wall Street more so than the the average teen with a phone. Dressed simply in a gray shirt and jeans (a staple in Zuckerberg’s wardrobe), signs of promise in the market were declared through the stock being up more than 3 percent.

From there, Zuckerberg skipped the pleasantries that generally skirt along failing business plans and marketing and dove straight into the heart of the matter.

"The performance of the stock has obviously been disappointing," Zuckerberg said during the live stream from CNET.

He continued, "the commitment we've made it make the world more open and connected...for the long term. The next 3 to 5 years is really going to be how well we do with mobile."

Not to jump the gun, Zuckerberg quickly denied any rumors that a Facebook phone would be coming out any time soon. But that’s not to say there won’t be mobile changes for the site. He addressed how mobile is where everyone is currently. Teens, adults, kids, they’re all on their smartphones. Some of them are even just checking Facebook.

He said he believes that Facebook is now a mobile company, that mobile is where Facebook will make most of its money and people (Wall Street) just don’t understand it.

The advertisements for mobile devices are statistically higher than those for desktop devices, and people check their phones more frequently than they do their computers, backing up Zuckerberg’s claim. 

Zuckerberg also claimed that one day, Facebook could be the lead in searching for information, outshining Microsoft and even Google.

"We do a billion queries a day and we aren't even trying. Mostly, they are trying to find people or brand pages or apps. There is a big opportunity in search, evolving to giving a set of answers to a specific question, and Facebook is uniquely in position to do that."

Zuckerberg addressed several other issues. He does not do general coding for the site like he used to, he does not think of his work as fun or even work but rather as a mission, and that now is just as good a time to work for Facebook as ever before, if not better. Whether his claims prove true is a separate matter that only time can tell.

 

Reach Tech Editor Eric Parra here.