Where are Meta's growth opportunities?
ARPU in the Asia-Pacific region and elsewhere has been steadily increasing over the years, and Facebook penetration in these countries is still below 25%. If the population of Asia and Africa continues to increase, there is a possibility that ARPU in these regions will grow significantly.
Nonetheless, Meta must continue to invest heavily in research and development in order to continue to be a representative platform for social media.
Another growth factor is probably Reality Labs. In recent years, Meta has invested heavily in virtual reality and augmented reality hardware and software, such as virtual reality headsets such as Quest and online platforms such as Horizon World.
If this technology gets on track and becomes widespread, Meta can be a leader in this new economy and a cash-generating machine. Also, it is possible to re-establish its position as a “cool” enterprise that attracts young users. But will Reality Labs succeed? I still don't understand that.