And AOL's stock had a 500% return in the 2010s... Yahoo had 300%.
Are you saying people like Facebook's new features like the suggested posts and what they've done to Instagram? Was their VR product line secretly a success?
I absolutely love Instagram app and my friend circle actively uses it. I'm not a big fan of Facebook, but I come back to Facebook groups and marketplace fairly frequently. What's your metric to measure this general propensity? DAU? MAU? Vibes?
Sure, the company may not exist 10 years from now. But there's no downfall indicator yet for this trillion dollar giant. All companies that size have headwinds and tailwinds. The self-assurance you see on this platform for Meta's sure shot upcoming decline is just absurd.
YoY growth and quarterly earnings report don't give you a full picture of how much a company is liked (which is important for b2c companies like Facebook) and how well it is actually performing for the medium/long term.
GE and Boeing also had amazing YoY growth and great quarterly reports, until the underlying dumpster fire they were nurturing for years exploded in their faces and now they don't have growth nor profits anymore.
You could say the same thing about every big company. Apple has headwinds from sales in China and US-China trade wars, Tesla is trailing BYD and seeing declining EV demand, and so on. Every large company has something or the other going on. But I find it funny that every new project from Apple is reminiscent of iPhone 1 while it's the Yahoo path for everything from Meta.
If they are relying on headset sales… competition is about to heat up. Ive been waiting for anyone but meta to come out with a decent, affordable kit and I think were almost there.
