The following video is part of our "Motley Fool Conversations" series, in which Chief Technology Officer Jeremy Phillips and senior technology analyst Eric Bleeker discuss topics across the investing world.

Rumors abound that Facebook is hiring Apple iPhone engineers in order to build a phone of its own. In this video, Jeremy and Eric examine these rumors and break down the likely outcomes should they enter the market. They also discuss other potential routes Facebook might take if it decides the mobile phone market is of strategic importance to its future. While Facebook is up against challenges far greater than it realizes in the mobile market, Eric and Jeremy suggest an alternative play that's heavy on big-tech partner Microsoft. To see their full analysis, watch the video below.

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