Man I hate articles like this. By most measures meta is doing really well. It sport super high margins, instagrams is still the most popular social media app and has only ever been getting more popular, sales in the oculus store are growing around 30% per year, oculus hardware sales are higher than any other competitor, people still advertise heavily on social media and user growth is growing really fast in developing markets.
The only thing people can point to in these articles is that horizon worlds is lagging which is a very small price of what meta is doing.
Like man, the data is there, just read more into it. I’d expect more from Forbes.
bwoodski t1_itehiuk wrote
Reply to The Metaverse Is Failing, But It Is One Investment That Will Not Die by BiscuitOfGinger
Man I hate articles like this. By most measures meta is doing really well. It sport super high margins, instagrams is still the most popular social media app and has only ever been getting more popular, sales in the oculus store are growing around 30% per year, oculus hardware sales are higher than any other competitor, people still advertise heavily on social media and user growth is growing really fast in developing markets.
The only thing people can point to in these articles is that horizon worlds is lagging which is a very small price of what meta is doing.
Like man, the data is there, just read more into it. I’d expect more from Forbes.