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> Adtech here, spending is increasing in all things. This is misleading. Increasing? Yes. Increasing relative to view a couple months ago? No. [0] META's va
by caminante 4y ago
> Adtech here, spending is increasing in all things.
This is misleading.
Increasing? Yes.
Increasing relative to view a couple months ago? No. [0]
META's valuation has gotten hammered recently due to reduced ad forecasts on top of AAPL locking down iPhone privacy.
[0] https://www.wsj.com/articles/less-growth-seen-for-2023-u-s-ad-spending-11664456402?st=1jydtn89ukoj9is&reflink=desktopwebshare_permalink https://www.wsj.com/articles/less-growth-seen-for-2023-u-s-a...
- cavisne 4y agoOn top of AAPL growing their advertising business at the expense of their competitors is more accurate.