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Meta shares drop 20% on Q4 earnings miss, weak outlook
- yogeshkhetani 5y ago
- dang 5y agoRelated ongoing thread: Facebook loses users for the first time - https://news.ycombinator.com/item?id=30186326 https://news.ycombinator.com/item?id=30186326 - Feb 2022 (395 comments)
- altdataseller 5y agoNot 1 mention of Tiktok? IDFA is probably not the main reason they had a bad report. Tiktok is quickly dominating time spent and the reason active users are plateauing.
- voisin 5y agoTikTok is referred to in their discussion of more heavily focusing on Reels. I use both only tangentially and find Reels to very clearly be less enjoyable than TikTok, but I am probably not the target market.
- naveen99 5y agoImagine where it would be if modi didn’t ban tiktok in india…
- YXNjaGVyZWdlbgo 5y agoLooking at previous missed earnings they are just going to be even more predatory.
- dralley 5y agoThere's no such thing as "endless" growth.
- mrintellectual 5y agoThe shift to Meta is supposed to reset that growth, in a way. Not sure how it will turn out.
- rossdavidh 5y agoActually, I kind of think maybe we are sure. Not the way MZ wants it to.
- ppsreejith 5y agoDupe (oldest with most comments): https://news.ycombinator.com/item?id=30184104 https://news.ycombinator.com/item?id=30184104 Dupe 2: https://news.ycombinator.com/item?id=30184560 https://news.ycombinator.com/item?id=30184560
- analogdreams 5y agoMaybe if they spent less time censoring/de-platforming they would have eyeballs to sell those ads to.
- pavlov 5y agoPeople spend more time on an app where they feel comfortable. If FB did nothing to clean up feeds, it would probably drive away both those eyeballs and the advertisers who don't necessarily want their brand to be displayed next to unfiltered user-generated content.
- Terr_ 5y agoOne might argue FB is trying to "clean up" a problem that it caused/promoted in the first place. Over time they've changed the "feeds" to work on principles that are good for advertisers, "influencers", and viral shit in general... at the expense of regular human contact and normal trusted social circles.
- deleted 5y ago[deleted]
- analogdreams 5y agodon't follow content that makes you uncomfortable. seems like an easy fix any user can implement on their own.
- librish 5y agoApple vs ad-tech is a really interesting battle. It shows the immense power Apple has in the consumer market today, where they can affect some of the largest businesses in the US unilaterally. Meta is in a very tricky position in that unless they put up an actual paywall users don’t really have any incentive to allow tracking. But putting up a paywall introduces a lot of friction, not to mention the adverse selection (the affluent people you most want to advertise to are probably the most likely to pay to not be tracked). I know most people on here really dislike targeted advertising. I’m not going to speculate on the potential future problems that tracking could lead to, and I think it’s very reasonable to be concerned. But so far targeted advertisement has been a net positive for me. I’ve gotten to use some really good applications for free, and I’ve gotten ads that are actually relevant.
- Grustaf 5y agoHow much would it have cost you to use those applications if you had to offset the ad revenue? 10 bucks a year? 50? Do you really value your attention that low?
- zwkrt 5y agoThe idea of buying something based on an advertisement and not a need is foreign to me. What is a kind of ad that you consider to be “relevant”? I just block all of them so I might just not be aware of the potential.
- friedman23 5y agoJust because you block ads doesn't mean you are immune to advertisements. How many of your interests are shaped by media campaigns. Even if you go and choose to buy things based on "need" (which I doubt). How do you choose which to buy of the various things that satisfy your needs? Maybe you go to one of many consumer reporting sites? Maybe you look at reviews? How do you know those are truly unbiased, they aren't most of the time.
- ilikehurdles 5y agoNaturally, that’s true, but it wouldn’t affect my decision. If I could unilaterally ban billboard ads, I would; but the fact that certain kinds of ads are not block-able does not affect my decision to keep blocking other kinds of ads, and limiting the effectiveness of ads I can’t block. No entity has the innate right to psychologically manipulate me into contributing to its bottom line.
- redwood 5y agoThey really have us trapped with WhatsApp… difficult to figure out how to get off this platform
- timmg 5y agoMy friend group switched to Signal en masse. YMMV.
- pmlnr 5y agoYay, another platform without the possibility to become decentralized, with a leader who basically opposes standards based development, great step forwards.
- ummonk 5y agoMonolithic platforms are significantly more feature-full and user-friendly than standards based development, and thus are the ones that actually experience significant adoption. This is just a fundamental reality.
- pmlnr 5y ago> more feature-full and user-friendly than standards based development That is shortsighted. Email, which is standards based, has been around for 50 years. I have a strong sense that Signal won't be around in 2064.
- ummonk 5y agoMost people use Gmail. Email is a standards based legacy technology that has inertia, like fax machines; it doesn't mean people prefer standards based technologies.
- deleted 5y ago[deleted]
- busymom0 5y ago
- isimluk 5y agoOne simply doesn't change a name when continuation of previous successes is to be expected.
- chrisco255 5y agoI guess? Alphabet had a good quarter.
- Shank 5y agoAlphabet broadly allows Google to continue-on as Google, in the event that Waymo or its other broader subsidiaries fail (and conversely, allows Google to be cut if that part starts to die). Alphabet is probably one of the most tactical "renames" out of the bunch.
- rdw 5y agoAlphabet isn't quite the same thing, though. They kept the Google name around, and created Alphabet as a kind of holding company. This way they retained the value of their brand while also getting to have a kooky company with a fun name.
- ojbyrne 5y agoThere is still a big blue F on facebook.com and the app. It doesn't seem that different to me.
- slymon99 5y agoFacebook used to mean two things - Facebook.com and the Facebook mobile app - The company Facebook which owned the two aforementioned products, instagram, messenger, whatsapp, oculus, portal... The second item here was rebranded to Meta, but the Facebook site and app are still Facebook. It's just the overarching company is Meta
- distrill 5y agoFacebook hasn't gone away. I get that it's not literally a child company under the parent Meta, but the product is still very much alive and is not going anywhere
- CultMember009 5y agoI think Meta and Tesla should consider merging because of the great synergy it will create. Imagine being driven to all your destinations while being plugged in to the Metaverse headset. You could enjoy beautiful sceneries while experiencing awesome real world g force. Tesla would also suddenly get billions more potential customers through their social network platforms. I would be so hyped!
- bobberkarl 5y agoIs this sarcasm?
- CultMember009 5y agoI am a true believer in Tesla and I think it will have a great future. I believe that in the future (maybe a year from now) we will be able achieve what I said above. I believe you will be convinced too.
- bobberkarl 5y agoThe metaverse will not happen in the next 20 years.
- deleted 5y ago[deleted]
- fdgsdfogijq 5y agoThis explains the shift to Meta. The current company is basically dying, and so they are going to bet the house on something new. Apple really did a number on them by restricting the data they can collect
- codingkev 5y agoFacebook is dying slowly in the developed world, that is true. However it is still growing in emerging markets. And most importantly: FB is still generating tons of cash to fund the other assets. WhatsApp has basically zero monetization right now but billions of users. Huge potential cash cow. Instagram still has a ton of potential for further optimized monetization. Think fully embedded 1-click buying for things like fashion, gadgets, accessories. They could take a decent cut of Shopifys business if executed right.
- notyourwork 5y agoSounds a lot like smoking cigarettes. Phasing out of the developed world and not the business is shifting to the innocent to milk the cow.
- donsupreme 5y agorelying emerging markets in developing countries has a lot of inherent risk. For one they have to comply to the local data collection laws or risk being censored or banned outright. Developing nations either see FB as a tool to surveil or a foe to restrict information.
- cobookman 5y agoThe emerging markets *currently* do not have as large of revenue potential for advertising as the western markets. Meta made in Q4-2020 53.56B in ad rev in the US and Canada. Meta only made 4.05B in Asia Pacific in Q4-2020. https://www.statista.com/statistics/251328/facebooks-average-revenue-per-user-by-region/ https://www.statista.com/statistics/251328/facebooks-average...
- BbzzbB 5y ago
- omot 5y agoMaybe they'll try launching a Facebook phone that tries to capture Apple's market and it'll fail miserably again. Never underestimate the blue message bubble y'all. That's real leverage.
- ethbr0 5y agoApple has always understood that true power is architecting yourself the ability to substantially harm competitors... without your users noticing.
- omot 5y agoInvisible hand? Yeah maybe when you're early-stage Capitalism, in late-stage it's all about the invisible knife.
- WalterBright 5y agoThis is ironic considering that Apple displaced the former unstoppable phone monopoly. Never mind that Walmart displaced the former unstoppable Sears monopoly, and Amazon did the same to Walmart. IBM which people predicted was unstoppable, was going to rule the world. IBM's descent into irrelevance (I B What?) has been profound. The only interesting thing is people still insist that this time it's gonna be different.
- spankalee 5y agoWhich phone monopoly?
- paulryanrogers 5y agoWhat phone monopoly did Apple disrupt? Nokia? Symbian? Java mobile? Palm? Blackberry?
- WalterBright 5y agoAT&T
- paulpauper 5y agoIt still higher than it was in early 2020 after covid. the stock had gone up so much since then that expectations had gotten too high. FB/Meta still makes a crapload of money, just not as much as some analysts had expected.
- 2OEH8eoCRo0 5y agoDidn't Zuck even say he expects to take a hit as they invest heavily on evolving Metaverse technologies?
- uoaei 5y agoI would probably say the same thing if I had first-hand knowledge that my earnings are going to be sorely disappointing.
- nappy-doo 5y agoThe vitriol on HN for FB is something else. The earnings for this company are truly staggering. They made 11$/user. Their earnings were up 34% year-over-year – on a base of 29B dollars. They made 10B more this year than they did last year, and the comments in here are all about, "boy Apple fucked them, and Meta suxor!" You people are nuts. While I don't love FB as an entity, as a business they are making fucking bank. They are running a printing press, and the world is eating it up. Y'all need to switch to decaf or something. Their numbers are truly staggering.
- sorry_outta_gas 5y agoI get the feeling it's a lot of people bitter they failed the interview process
- ARandomerDude 5y agoCan't speak for others but I've never wanted to work at FB, never will, and can honestly say FB is a resume negative when I'm looking at candidates.
- jpgvm 5y agoI wouldn't go so far to say that FB would ever be a resume negative. It really depends on what their experience there was like. Some really great people went to work for FB after making bank a Google in the early days and I would gladly work with any of the folks from that stage of FB. Post that period there was some serious internal culture problems (performance culture SMH) and yeah... I would say most of the good folks (that weren't properly isolated from that misery) left and there was a dark age of FB engineering as a result. I think they recovered from this somewhat but these days it would need to be a case by case basis when I interview a candidate and get an understanding of their time at FB, what they worked on etc and with who.
- nathanaldensr 5y agoI would never even consider working for Facebook no matter their interview process. They are a loathsome company led by a psychopath. They could offer me a job right now with no interview and I wouldn't take it. Some people can't be bought. What about you?
- kruxigt 5y ago
- gzer0 5y agoHere are the results that caused this: - Earnings per share: $3.67 vs $3.84 expected - Revenue: $33.67 billion vs $33.4 billion expected Facebook also missed estimates with user numbers. - Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected - Monthly Active Users (MAUs): 2.91 billion vs 2.95 billion expected - Average Revenue per User (ARPU): $11.57 vs $11.38 expected Future guidance was the biggest miss. - Q1 revenue guidance was $27 billion to $29 billion, while analysts were expecting sales of $30.15 billion
- distrill 5y agoIt's so confusing to me see headlines calling this a "huge earnings miss". Revenue was greater than expected, as was ARPU. I get that the users are under, but this seems pretty far from a huge miss, no?
- AuthError 5y agoI think it's the guidance that caused the dip.
- jiveturkey 5y agoearnings != revenue
- distrill 5y agonot entirely, but revenue is a huge component of earnings. this might be sort of a miss but not a huge one (from my caveman point of view, but i don't really know what i'm talking about, hence my confusion)
- deleted 5y ago[deleted]
- DannyBee 5y agoThy also issued guidance that next quarter will come in under as well. Investors are looking for signs facebook is dying/not worth it. Slow growth (the low end number on guidance for next quarter is 3% growth) and not making the DAU numbers support that thesis for them. Live by the growth, die by the growth.
- nikolay 5y agoWell, the VR/metaverse distraction will be their doom! Zuck has lost touch with reality - nobody cared about VR, nobody would!
- smilebot 5y agoI did. And I still do.
- nikolay 5y agoGo see a doctor, please! Kids were fond of VR like 2-3 years ago. They are no longer interested - why would adults be?!
- sedatk 5y agoVR experience is otherworldly. But, Facebook's idea of making a clone of Second Life VR isn't futuristic or exciting at all.
- intrepidsoldier 5y agoThe data center infrastructure that Facebook (Meta) has is probably in the top 5 in this world (behind only Amazon, Microsoft, Google). They might want to become a cloud infrastructure provider for some side money and buy themselves some time to figure out this Metaverse fantasy :) Hey, AWS started because Amazon wanted to lease out their spare infrastructure capacity.
- dekhn 5y agoin the world? ali baba would like to have a word
- intrepidsoldier 5y agoAh yes. Fair point.
- skinnymuch 5y agoTrue, but Alibaba does do cloud. Facebook and Tencent are far and away the biggest web companies that don’t do some sort of B2B cloud offering.
- NovemberWhiskey 5y agohttps://cloud.tencent.com https://cloud.tencent.com ?
- skinnymuch 5y agoMy bad! I meant any exposure outside of mainland China. However it appears as if Alibaba Cloud may have almost none either. I also did not know Tencent cloud was in double digit Chinese market share now. So yeah, incorrect there. On the whole, Facebook is the one web giant across the world that does not do cloud computing at all or much enterprise.
- netheril96 5y ago
- chaostheory 5y agoimo the surprise is that they didn't miss Wall St analyst targets even further given how much money and resources they are funneling into XR.
- JCM9 5y agoFacebook’s core business model appears to be in decline. They don’t have a very diversified revenue stream despite trying various side businesses. This is the market worried that Facebook’s best days are behind it. Facebook is betting the farm on the metaverse stuff but without meaningful financial results that’s not going to placate market concerns over what looks like a downhill future for the core businesses. Facebook’s less than fantastic record at making money on its other businesses doesn’t have the market terribly optimistic about about the future prospects metaverse stuff either. Net net stock down 20%.
- fleddr 5y ago"Facebook’s core business model appears to be in decline" How so? Revenue is up and there's more users. What decline are you referring to? People have expressed Facebook being passe or not cool for a decade now. They keep growing anyway.
- mjfl 5y ago> Facebook is betting the farm on the metaverse stuff and it's an odd bet.
- JCM9 5y agoThere’s a whole bunch of geriatric millennials out there remembering what happened to second life. With the pandemic letting up the last thing people are going to want to do is live in some virtual world. Fresh air is the new black.
- quickthrowman 5y agoHow could anyone ever forget flying penises pelting Anshe Chung in the face during a CNN-sponsored Second Life ‘town hall’? Anyone expecting something different from the ‘metaverse’ is living in a fantasy world. Porn companies and sex workers will make money in VR environments, whether mainstream companies can remains to be seen.
- spookthesunset 5y ago
- ProfessorLayton 5y agoReally, really curious to see how all this market volatility will affect their talent pool. Losing almost all gains over the last 18 months will certainly cause some people to reconsider their tenure — I know I have since my company's (Not FB) stock has been hammered along with everyone else in the tech growth sector. A lot of golden handcuffs are being unshackled right now
- markvdb 5y ago> Really, really curious to see how all this market volatility will affect their talent pool. Losing almost all gains over the last 18 months will certainly cause some people to reconsider their tenure One can hope...
- asd88 5y agoSome of the companies whose stock price has been affected the most are making up for the loss by giving more stock. I’d expect Facebook to do the same to retain their talent if the stock drops significantly.
- PascLeRasc 5y agoOff topic: when companies give out stock like this, where is it coming from? Are they printing shares out of thin air or buying back shares to give to employees?
- asd88 5y agoThey issue more stock and the existing investors’ ownership is diluted.
- ts4z 5y agoDepends on the company. Dilution is normal, but some companies are buying back stock to use up excess cash; in this case, they can issue those shares to employees.
- colinmhayes 5y agoThin air, although most tech companies are buying back more shares than they give out.
- tomrod 5y agoTime to buy?
- rvz 5y agoJust look at the reactions in this entire thread, in virtual reality they hate Meta so much and it's all over for them. But in reality: It is a screaming buy signal. I would wait for it to go even lower, say at least $200 or $190 before doing so.
- lvass 5y agoI bought a ton today, but just to close my short. Huge profit there, I'd probably never long FB though.
- Thaxll 5y agoFacebook out of FANG in a couple of years.
- sabujp 5y agopaypal also had a really bad dip (again) for really no good reason. everyone i know in the US uses paypal to split payments and to send money to others.
- changoplatanero 5y agoa lot of people i know in the US have moved on from paypal and use venmo or other apps now
- skinnymuch 5y agoPayPal owns Venmo.
- deleted 5y ago[deleted]
- omot 5y agoThis is from Mark Zuckerberg's post. I think it's a decent explanation of their performance. Historically Facebook always made these longer-term bets and they've typically paid off. "Before I get to that, I want to briefly touch on our Q4 results, which I know Sheryl and Dave are going to go deeper on. I'm proud of the work our teams did here. We shipped products, our community continued to grow, and businesses of all sizes turned to us to help them reach people. But there are two things that I want to call out that are having an impact on our business. The first is competition. People have a lot of choices for how they want to spend their time and apps like TikTok are growing very quickly. And this is why our focus on Reels is so important over the long-term. As is our work to make sure our apps are the best services out there for young adults, which I spoke about on our last call. The second area, and related to this, is that we're in the middle of a transition on our own services towards short-form video like Reels. So as more activity shifts towards this medium, we're replacing some time in News Feed and other higher monetizing surfaces. So as a result of both competition and this shift to short-form video as well as our focus on serving young adults over optimizing overall engagement, we're going to continue to see pressure on impression growth in the near term. Now I'm confident that leaning harder into these trends is the right short-term tradeoff to make in order to get long-term gains. We've made these types of transitions before with mobile feed and Stories, where we took on headwinds in the near-term to align with important trends over the long term. And while video has historically been slower to monetize, we believe that over time short-form video is going to monetize more like feed or Stories than like Watch – so I'm optimistic that we'll get to where we need to be with Reels too."
- Aperocky 5y agoWell all of those point seem to sum up to: "We're getting beat by Tiktok and we're going to catch up by being more like tiktok" That doesn't exactly exude confidence.
- sergiotapia 5y agoI don't know a single person under 30 that still uses Facebook for real. They mostly are still there to talk to grandma or parents. If Facebook hadn't bought whatsapp they would be toast. The writing is on the wall, the beginning of the MySpace curve happening before our very eyes.
- cardosof 5y agoMeta should just double down on trying to be not just an ads company by buying Valve or some other prestigious gaming company and some business software company to have better gaming and business tools in their metaverse.
- advisedwang 5y agoThis is after-hours trading which is very volatile. I wouldn't read too much into a "20%" drop.
- mandeepj 5y agoNot really. After-hours "mostly" set the trajectory for stock's next day journey. It rarely reverses, but often times just continues the path set earlier.
- advisedwang 5y agoYep, you have been proved right! $FB continues to trade >20% down from yesterday!
- lvl100 5y agoI wrote this in another FB thread but they need to own e-commerce vertical: Stripe and Shopify. Others here mentioned opening up their data centers too.
- Miraste 5y agoI think that’s a good idea. Shopify would integrate well with Instagram.
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- guapano 5y ago
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- theranger 5y agoThat’s not a weak outlook, but rather a weak facebook.
- misiti3780 5y agoGoogle / Google+ === Facebook/Metaverse. They can change their name all they want, they are slowing turning into the AOL of our decade. I'm willing to take bets on where this is all going. I own an Oculus - it sucks. The founder of Oculus admits it sucks. Instagram sucks more than it did last year. I dont have a FB account, but it sounds like it's an ad-driven hell-hole. Eventually FB will lose because their entire business model is based on outrage, and that cant last forever. It's very clear it is having catastrophic consequences for societies everywhere. What is the saying .. ? "The chickens will eventually came home to roost"
- buzzert 5y ago> The founder of Oculus admits it sucks. Palmer Luckey? I believe you, but I was wondering if you had a quote/reference for that.
- misiti3780 5y agohttps://twitter.com/PalmerLuckey/status/1487335783522390016 https://twitter.com/PalmerLuckey/status/1487335783522390016 I will admit it's possible I'm putting words in his mouth.
- aahan5 5y agoI believe that's because he dislikes the name change. I've seen plenty of tweets of him being bullish on the current devices.
- chaostheory 5y ago> I own an Oculus - it sucks. Why? Which model? > I dont have a FB account, but it sounds like it's an ad-driven hell-hole. Don't you need a Facebook account for Oculus?
- misiti3780 5y agoQuest 2 Yes, it is required. I liked it to my brother's account. It sucks for a few different reasons. 1. It's very uncomfortable when you sweat, which you do for any of the active sports games. The Oculus falls off your head and causes you to break out. 2. If you have glasses but cant wear contacts (my issue) it's a lot harder to use. 3. Lack of interesting games. I like golf, the golf game is actually cool, one free course with the option of paying for 1 other course, so 2 total courses. The current version is no where people are going to spend a lot of time in the near future.
- jbkiv 5y agoGee, I pulled out many years ago. Sounds like FB is going the Yahoo route, just down, trying to catch up to others.
- a2tech 5y agoHope Zuck has been selling some of that stock on the reg so he's got real cash when the Meta train comes to the end of the line.
- rossmohax 5y agoIf AMZN posts bad earnings tomorrow markets are doomed.
- Galanwe 5y agoI don't quite get the article. The tech sector as a whole dropped 13% in Jan, same as FB shares,following a massive (overdue) correction. Most likely FB did a flat return once market/sector residualized. What's all the fuss about?
- mwattsun 5y agoI don't recall a company ever the size of Meta dropping 20% in one day of trading. That's immense. People must think the company is broken in some way, or I might be over-reacting.
- anonu 5y agoIt dropped 20 percent in after hours... Volumes are different than regular market hours. Nbbo doesn't apply. So prices can be pushed around easily by relatively few players. Also now retail platforms give the r/WSB crowd even more ways to punt and gamble in the after hours. Point is, see where the stock ends up over the next day or two...
- mwattsun 5y agoOk, thanks for the clarification. That makes more sense.
- soheil 5y agoIs this the beginning of the end we've been all waiting to see?
- hlbjhblbljib 5y agoMeta? Never heard of them.
- ksec 5y agoAfter the 20% Drop, Meta will have a market cap of $700B. Compared to ( Using billion for comparison ) $2850B Apple $2350B Microsoft $1950B Alphabet $1500B Amazon I mean you need to be at least Trillion dollar market cap to join the club, the only other trillion dollar market cap crop is Saudi Aramco. But I think we should ignore that. May be dropping Meta from the MAMAA? Even Amazon is twice its size, and at the top Apple is Four times the size. It is also interesting around Facebook IPO in 2011 / 2012, I actually expected Google and Facebook will destroy each other and become one. either Google winning Social or Facebook took over Search within next 10 years. That didn't happen. Google tries to enter social but have absolutely not a god damn idea what they are doing. It wasn't clear to me then at the time Google had no product mindset. Had that happened the combined company would be the same size as Apple. It will be interesting to see Amazon's report in a few hours time. I am wondering if they will join the 2 Trillion dollar club soon.
- DisjointedHunt 5y agoBig Takeaways: 1. The CEOs insistence on "Competition" as the cause for the increased focus on short term impression rates seems pointed at regulators and Congress rather than at investors. This is silly too, Google had no such pressure on impressions and performed rather well just days before. 2. The cat is out of the bag. Facebooks secret sauce was their very HEAVY focus on bottom funnel advertising where they would ascribe suspect numbers that were not Industry standard to "Conversion" objectives (RoAS anyone?). Anyone, anywhere sees an ad at any point in their conversion journey and Facebook would assign a large weighted portion of conversions leading from that individual in their reporting. 3. The big scary underlined headline here should be HOW POWERFUL APPLE IS. They sneeze and change one small thing in the way apps can access their platforms and we see an entire industry shaken. 4. They won't die out quick. These numbers, though not "Growing" as fast as befor or expected to grow as fast (which is the bigger concern), still is much, much , much higher than they need to sustain their business over the next two decades. The big risk though, is the stock price drop which is how the bulk of their pricy talent is paid dropping. Everyone there is currently staring at a 25% pay cut on their stock based comp and that is not a pretty picture for attracting the best kids graduating this year with ambitions of joining a fast growing tech firm or pulling in talent from places like MSFT or GOOG or AAPL who will not want to jump aboard a perceived sinking ship.
- adam_arthur 5y agoIt really does demonstrate the "utility" like nature of high market share OS platforms. It's inevitable that Apple will be regulated, just a question of what shape or form. I highly doubt all of the Apple defenders would feel the same way if Microsoft was charging 30% fee for substantially all commerce on windows. It's a huge transfer of wealth from the entire ecosystem of developers to a single company, when that company added very little marginal value to the developer's offering.
- fbn79 5y agoMeta is the most owned stock (2% of all invested) by institutional and superinvestors with an hold medium price of 339$ (source DATAROMA https://www.dataroma.com/m/stock.php?sym=fb https://www.dataroma.com/m/stock.php?sym=fb). This crash would not be painless for the whole market.
- imtemplain 5y ago
- bhelkey 5y agoIt is very common for stocks to significantly rise or fall after the release of earnings reports. If stocks always went up after their earnings report, it would make sense to buy the stock beforehand and sell immediately afterwards. Conversely, if the stock always went down after earnings, it would make sense to sell the stock right before the report was released and rebuy afterwards. I noticed that often times these dips lead to sensationalist headlines like "Apple shares tank 5% after abysmal earnings". When I looked into these headlines, I often noticed that the stock often "plummeted" to the price it was at a week or two prior. To counter this, one metric I use is, "When was the last time the stock was at this new price?" Today Facebook shares are trading at ~$238. The last time it was trading at this price was June 2020.