4 ms·
> Apple’s change will limit their ability to run personalized ads. To make ends meet, many will have to start charging you subscription fees... It's pretty aud
by kgin 6y ago
> Apple’s change will limit their ability to run personalized ads. To make ends meet, many will have to start charging you subscription fees...
It's pretty audacious for Facebook to try to protect its 42% profit margin / $70 billion yearly profit with a story about the little guy just trying to make "ends meet".
- edmundsauto 6y agoFor the sake of accuracy, FB's recent margin has been 28-35%, and the $70B number was 2019 revenue, not profit. They made $18B profit in 2019, and look to do around $25B profit this year.