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If you go by the chart at the link, they've lost 54.9 billion dollars since Q4 2020. [1] Do they have any products that can, even in principle, recoup that kin
by A_D_E_P_T 2y ago
If you go by the chart at the link, they've lost 54.9 billion dollars since Q4 2020. [1] Do they have any products that can, even in principle, recoup that kind of loss? Is there some kind of tax scheme that can explain this?
[1] - From Q1 2020 to the present: (2.1 + 1.83 + 2.43 + 2.63 + 3.3 + 2.96 + 2.81 + 3.67 + 4.28 + 3.99 + 3.74 + 3.74 + 4.65 + 3.85 + 4.49 + 4.43) -- The trend is clearly accelerating. Could build a cool scatterplot.
- Ancalagon 2y agoLooks too big to fail now
- jordanb 2y agoMy theory all along was that they spent maybe 20 billion on Reality Labs and the rest was for Zuckerberg's secret volcano lair but it's getting to a point where that can't really justify it either. Maybe they're working on the weather control laser now?
- HDThoreaun 2y agoThe iPhone is a product that is easily worth $1 trillion. That is the goal here, 30% of all money that changes hands while using VR for most consumers.