AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Microsoft’s Activision Deal Blocked by UK
Bloomberg Businessweek
Facebook's First Quarter Sales Missing Expectations
2min Snip
00:00
Summary
Transcript
Episode notes
First quarter sales up to 28.6 billion, that's a return to growth after three straight quarters of declines. Facebook is trading at about 20 times earnings; not that egregious of a multiple and the opportunity for the top line to remain at healthy levels for the foreseeable future. If that spend gets out of control where we have to temper those expectations then the calculus would definitely change.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode