Meta's Reality Labs loses record $4.65B ahead of Apple's Vision Pro launch • Hacker News Board

Re: Meta's Reality Labs loses record $4.65B ahead of Apple's Vision Pro launch

#61

Post by blackoil » Sat, Feb 03, 2024, 3:46 AM UTC

godelski wrote: post #31

It's really weird to see this headline where underneath is a stock ticker showing "AAPL -0.41%" and "META +21.0%" and then another article on the side under Trending titled "Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend". Nothing is a lie here, but clearly the headlines convey certain ideals to people and those might not really match reality. And it seems like they're…

You are confusing related to correlated or complementary facts. Meta and Apple shares are independent of each other and both are practically independent of Reality labs and Vision Pro.

The news headline is comparing two complementary business and so is valid.

> "Meta shares surge despite major losses ahead of Apple's Vision Pro launch"

This would have been a click bait as it is trying to relate independent events.

Re: Meta's Reality Labs loses record $4.65B ahead of Apple's Vision Pro launch

#62

Post by blackoil » Sat, Feb 03, 2024, 3:59 AM UTC

geor9e wrote: post #59

They lost $42 billion on Oculus 3/Pro research. My brain cannot process these numbers. I do not see how it's possible. It's as if a football stadium of fans each had a suitcase of a million dollars and all threw it onto the field, then they torched it all with gasoline. They burned a million dollars, then burned another million dollars, then repeated that a thousand more times. Then this entire story repeated, 42 tim…

Don't know if it can justify 42 billion or how that is calculated.

But to add at cutting age we underestimate cost of failed attempts. Calculating design/dev cost of final successful product misses all the designs and code that never made it to production.

Re: Meta's Reality Labs loses record $4.65B ahead of Apple's Vision Pro launch

#63

Post by godelski » Sat, Feb 03, 2024, 7:58 PM UTC

blackoil wrote: post #61

godelski wrote: post #31

It's really weird to see this headline where underneath is a stock ticker showing "AAPL -0.41%" and "META +21.0%" and then another article on the side under Trending titled "Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend". Nothing is a lie here, but clearly the headlines convey certain ideals to people and those might not really match reality. And it seems like they're…

You are confusing related to correlated or complementary facts. Meta and Apple shares are independent of each other and both are practically independent of Reality labs and Vision Pro. The news headline is comparing two complementary business and so is valid. > "Meta shares surge despite major losses ahead of Apple's Vision Pro launch" This would have been a click bait as it is trying to relate independent events.

> Nothing is a lie here, but clearly the headlines convey certain ideals ... These are clearly aimed to be shared on social media and generate particular sentiment to those that only read headlines.

My statement is really about sentiment