Facebook gave a wide range for c four estimates, of 31 point five to 34 billion dollars. Ere efor 20 21 is on paste to be around 36 billion dollars. In other words, they would make one third more in profits if they weren't doing oculus. Apple is trying to protect our privacy. So they're not letting a information about your phone be shared with these ad networks, face books and gogles,. like they used to. What this means is apple is getti to make more money selling ads in the ap store. And there's their percentage of revenue for ap instals is going to go up.
First, Jason breaks down Facebook's Q3 earnings, including: growing revenue and profits, slowing user growth, AR investment and its new reporting structure (2:00). He also covers Facebook's potential rebrand as a metaverse-focused company and its declining usage amongst US teens and young adults. (11:35) Then, Italic's Jeremy Cai joins the show to discuss his innovative new e-commerce concept, ruffling feathers with incumbents, supply chain insights, and more! (25:58)