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Isn't everyone trending down right now? I wouldn't read too much into it. Apple really put some hurt on Facebook ads, though. I think 90% of this is the fallout
by stjohnswarts 4y ago
Isn't everyone trending down right now? I wouldn't read too much into it. Apple really put some hurt on Facebook ads, though. I think 90% of this is the fallout from that. Well, that and gen Z simply refuses to use anything but TikTok and Instagram. To them, Facebook may as well be as irrelevant as a model T.
- pengaru 4y ago> Well, that and gen Z simply refuses to use anything but TikTok and Instagram. But Meta owns Instagram...
- 1letterunixname 4y agoAnd Oculus. John Carmack. Now with hand tracking and feet! :) I think this is the emotional sentiment media manipulation of the market poo-pooing the MAANGs helping investors buy them at a discount. And whipping "The Man" megacorps during a recession as convenient outlets of frustration. Alphabet/Google will always be around. Meta has so much money, it can turn itself into an Amazon in terms of entering other categories. It will probably take 5-6 years but watch the same naysayers when Meta has some crazy awesome AI AR that's better than the chunky RayBan's.
- stjohnswarts 4y agoStill holds true for instagram, ad revenues will be down as a matter of apple limiting info, basically nothing has changed between since this article came out, there are others if you care to google for them https://www.businessinsider.com/facebook-blames-apple-10-billion-loss-ad-privacy-warning-2022-2?op=1 https://www.businessinsider.com/facebook-blames-apple-10-bil...