4 ms·

Sure, but how do you reconcile a survey which measures people's feelings with their most recent quarterly earnings report which measures people's actions? [1] "

Sure, but how do you reconcile a survey which measures people's feelings with their most recent quarterly earnings report which measures people's actions? [1] "Sure, I hate FB but I still want to know what my friends are up to"? > Facebook daily active users (DAUs) – DAUs were 1.93 billion on average for September 2021, an increase of 6% year-over-year. > Facebook monthly active users (MAUs) – MAUs were 2.91 billion as of September 30, 2021, an increase of 6% year-over-year. > Family daily active people (DAP) – DAP was 2.81 billion on average for September 2021, an increase of 11% year-over-year. > Family monthly active people (MAP) – MAP was 3.58 billion as of September 30, 2021, an increase of 12% year-over-year. [1] https://investor.fb.com/investor-news/press-release-details/2021/Facebook-Reports-Third-Quarter-2021-Results/default.aspx https://investor.fb.com/investor-news/press-release-details/...

InitialLastName 5y ago
For one thing, the survey and the earnings report are measuring different people. The survey measured Americans (who have mostly had the longest exposure to Facebook from a global perspective), the reports (presumably) measure globally, including communities that haven't had Facebook as a pervasive part of their social discourse for the last decade+.
- localhost 5y ago
  That's true. But digging a bit deeper, you can find DAU in US/Canada as broken out by the most recent FB earnings report slides [1] The punchline for DAU/MAU seems to be that it has ~flatlined in US/Canada since 2019. But certainly not the drop that would be implied by commentary here and elsewhere in the tech echo chamber. My original reply was intended as a general warning about not assuming that your worldview is the same as everyone else's worldview. [1] https://s21.q4cdn.com/399680738/files/doc_financials/2021/q3/FB-Earnings-Presentation-Q3-2021.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2021/q3...
akiselev 5y ago
Same way I reconcile 25 years of Gallup surveys showing that 75% of smokers want to quit [1]. Investors love exploiting addicts. [1] https://news.gallup.com/poll/163763/smokers-quit-tried-multiple-times.aspx https://news.gallup.com/poll/163763/smokers-quit-tried-multi...

InitialLastName 5y ago

For one thing, the survey and the earnings report are measuring different people. The survey measured Americans (who have mostly had the longest exposure to Facebook from a global perspective), the reports (presumably) measure globally, including communities that haven't had Facebook as a pervasive part of their social discourse for the last decade+.

localhost 5y ago
That's true. But digging a bit deeper, you can find DAU in US/Canada as broken out by the most recent FB earnings report slides [1] The punchline for DAU/MAU seems to be that it has ~flatlined in US/Canada since 2019. But certainly not the drop that would be implied by commentary here and elsewhere in the tech echo chamber. My original reply was intended as a general warning about not assuming that your worldview is the same as everyone else's worldview. [1] https://s21.q4cdn.com/399680738/files/doc_financials/2021/q3/FB-Earnings-Presentation-Q3-2021.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2021/q3...

akiselev 5y ago

Same way I reconcile 25 years of Gallup surveys showing that 75% of smokers want to quit [1]. Investors love exploiting addicts. [1] https://news.gallup.com/poll/163763/smokers-quit-tried-multiple-times.aspx https://news.gallup.com/poll/163763/smokers-quit-tried-multi...