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Facebook’s ranking for app downloads drops to new record low

digitalinformationworld.com

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Re: Facebook’s ranking for app downloads drops to new record low

#2

Post by invalidname »

I uninstalled it. Even my spouse uninstalled it. I still have the account since it's tied to pages etc. My spouse still uses it a bit for work, but overall a lot less.

Some of that moved to Instagram but not for us. No Facebook makes me much happier.

I think we're still outliers but I do think this is becoming more common. Smarter people understand what's underlying these networks and try to avoid them.

Re: Facebook’s ranking for app downloads drops to new record low

#4

Post by xmprt »

invalidname wrote: post #2

I uninstalled it. Even my spouse uninstalled it. I still have the account since it's tied to pages etc. My spouse still uses it a bit for work, but overall a lot less. Some of that moved to Instagram but not for us. No Facebook makes me much happier. I think we're still outliers but I do think this is becoming more common. Smarter people understand what's underlying these networks and try to avoid them.

I don't think you're an outlier. If anything, you're the majority. Most people I know use Facebook and Instagram sparingly and communicate with friends directly using Snapchat, iMessage, Messenger, or Whatsapp. It's not a complete shunning of Facebook/Meta (that feels like an outlier to me) but it's also not using Facebook the way Meta wants you to. They can't show ads in messages (yet).

Re: Facebook’s ranking for app downloads drops to new record low

#5

Post by benja123 »

I don’t think this necessarily means anything. App download count will always favor newer apps that are still in their growth stage (TikTok is a good example of this).

Facebook is post growth stage and is probably at the point where it’s already hit, or close to hitting its peak market share. Most Facebook users have already installed the app and only ever need to reinstall it if they switch phones. Those that haven’t installed it/don’t use Facebook are unlikely to convert to new users at this point

Re: Facebook’s ranking for app downloads drops to new record low

#7

Post by weird-eye-issue »

benja123 wrote: post #5

I don’t think this necessarily means anything. App download count will always favor newer apps that are still in their growth stage (TikTok is a good example of this). Facebook is post growth stage and is probably at the point where it’s already hit, or close to hitting its peak market share. Most Facebook users have already installed the app and only ever need to reinstall it if they switch phones. Those that haven’…

Stock prices are based on future performance. A large part of the multiple is the RATE of growth. When rate of growth slows down the stock price will be down accordingly. So for all shareholders and employees things like this do matter.

Re: Facebook’s ranking for app downloads drops to new record low

#9

Post by chrisseaton »

someweirdperson wrote: post #8

Why does it have any downloads at all? Isn't it pre-installed on almost every new phone? Does the download-chart consider the pe-installed ones, e.g., though updates?

> Isn't it pre-installed on almost every new phone?

No - never seen Facebook pre-installed on any phone I’ve bought

Re: Facebook’s ranking for app downloads drops to new record low

#10

Post by dannyr »

someweirdperson wrote: post #8

Why does it have any downloads at all? Isn't it pre-installed on almost every new phone? Does the download-chart consider the pe-installed ones, e.g., though updates?

In the eyes of Wall Street, it's all about growth. Facebook continues to be among the Top 3 or Top 5 apps in installed base but if you're not growing at the same pace as before, it's bad.
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