Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

For those wondering why $Meta Platforms (META.US)$ and Zuck ...

For those wondering why $Meta Platforms (META.US)$ and Zuck are so obsessed with $Meta Platforms (META.US)$ owning the next computing platform and not be dependant on $Apple (AAPL.US)$ and others:

Zuck on a recent podcast said that they made a calculation on how much money they lose on the core Family of Apps on taxes that the platforms have, limitations to running the ad business and limitations on shipping certain products the way they would like to.

He said that $Meta Platforms (META.US)$ would be TWICE as profitable if they owned the platform. So to put that in perspective. Their current (TTM) Net Income is +$51B. So if they owned the platform they would make $102B.

A) this shows you just how good $Meta Platforms (META.US)$ 's core business is and B) Investors should embrace $Meta Platforms (META.US)$ investing in owning the next computing platform
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
Translate
Report
40K Views
Comment
Sign in to post a comment
    497Followers
    14Following
    1308Visitors
    Follow