The HTC First, which is the first smartphone to come with Facebook (FB 0.80%) Home installed, has been a total failure. After launching exclusively on AT&T (T +0.29%) in April, it was almost immediately dropped to $1 on contract -- a clear sign that it wasn't selling well. Ma Bell has recently confirmed that it has sold through its remaining inventory, thanks to the aggressive promotions, ending Home's first attempt.
A separate study also showed that 91% of respondents had no interest in Facebook Home whatsoever, adding insult to injury for the social network.
In the video below, Fool contributor Evan Niu, CFA, discusses whether or not Facebook needs to revamp its mobile strategy.
