Rumors have resurfaced that Facebook is working on a project to develop its own smartphone. There are clues and leaks suggesting that Facebook is exploring its mobile options with a possible device launch in 2013. The big question, though, is whether or not it makes any sense for Facebook to do so.

Facebook is king of the social networks. It has already surpassed Google to become the online destination where users spend the majority of their time. Nearly a billion people around the world rely on Facebook to share photos, status updates, check-ins, and just stay connected with their networks of friends and family.