Motley Fool Money Put The Glasses On!
Oct 26, 2023
Asit Sharma, a Motley Fool analyst, discusses the impressive 24% growth in Meta's ad revenue, while weighing the competition with Apple in the race for dominance in virtual reality. He highlights Meta's heavy investment in Reality Labs and its potential payoffs. Tim Beyers interviews innovation expert Melissa Schilling, who reveals key traits of leading innovators and the transformative impact of AI on industries. They explore how companies can thrive by embracing groundbreaking ideas and adapting to rapid technological changes.
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Episode notes
Ad Revenue Rebound
- Meta and Alphabet's strong Q2 ad revenue shows businesses adapting to the current economic climate.
- However, caution remains due to volatile macro factors like interest rates and inflation.
Reality Labs Losses
- Meta's Reality Labs continues to face significant losses, despite Zuckerberg's focus on efficiency.
- The substantial advertising margins give Meta leeway, but long-term returns on Reality Labs remain uncertain.
The Headset Race
- Meta and Apple compete in the AR/VR headset market.
- Apple's Vision Pro, while expensive, offers a superior user experience, potentially giving Apple an edge despite Meta's affordability and experience.
