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Meta shares drop 20% on Q4 earnings miss, weak outlook

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Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#501

Post by ct0 »

noelsusman wrote: post #353
matt_wilson_206 wrote: post #316

Earlier quoted context omitted.

Finally, someone with a similar Facebook experience to my own. I've been reading threads about how horrific the FB feed is for years, but my own is literally 99% updates from friends I don't get to see, and an occasional ad (that is interesting more often than not). Glad to know I'm not completely alone!

I just glanced at mine and it's like 90% people I used to know posting pictures of their kids. The rest is stuff like my buddy's mom posting a recipe for 10 minute Roti. Overall not bad to be honest. Still not much I'm actually interested in but far from cancerous.

FB knows the optimal amount of ads to show a user, and that has to vary between time spent on the site. Someone who just glances at the site could see significantly less ads than someone who a "perma-scroller" for lack of a better term.

I removed the feed completely, but still kept my account so I can still engage with groups, which is the only thing keeping me there. https://addons.mozilla.org/en-US/firefox/addon/news-feed-era...

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#502

Post by majewsky »

parineum wrote: post #315
GekkePrutser wrote: post #274

Earlier quoted context omitted.

I guess you don't have a game PC? The PC games are amazing. If you don't have a good pc there's some streaming services coming online too like plutosphere that's doing a free beta now.

> The PC games are amazing I'm a PC gamer and have a very capable PC but haven't bought any VR equipment because I don't know what I'd play. The issue is probably that I'm not looking for an excuse to buy a headset, I'm waiting for a reason. I don't seek out information for VR and none of it is getting through to me.

On the other end of the spectrum, I'm a PC gamer and I haven't bought any VR equipment because there are way too many games to play as it is. I don't feel the need to increase the backlog of games I want to play if I won't realistically be able to play them.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#503

Post by lokalfarm »

mdorazio wrote: post #338
lokalfarm wrote: post #204

Earlier quoted context omitted.

How did Apple change any of this? (Genuine question - I am not well versed in cellular network technologies or their history, but I would love to read about how Apple led to improvements in the US infrastructure.)

There's a decent (though high level) explanation here: https://www.usatoday.com/story/tech/news/2017/07/04/how-ipho... It's actually kind of hard to articulate how bad things were in the early-mid 2000s with respect to carriers all trying to push their own garbage and monetize absolutely everything possible.

Thank you for linking the article. I purchased my first cellphone in 2004 so I experienced the era, but I've never used AT&T or an iPhone, so this is all news to me. I also was a late adopter of 'smartphones' and didn't purchase one until 2013 so take my experiences with a grain of salt. (I also visited Japan in '04 and remember being blown away by their phone technology - "large" color screens!)

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#504

Post by YXNjaGVyZWdlbgo »

jmknoll wrote: post #150
dymk wrote: post #120

Earlier quoted context omitted.

I've been using a roommate's Quest 2 for a few days. A few years ago I was using an OG Oculus. The Quest 2 is so much staggeringly better in every way. So much so that I can see a future where people are spending hours in VR games rather than hours playing games on a monitor. Yes, there are issues to work out with the headbands, weight, general FPS and battery life, but I finally _get_ it. The amount of badassery you…

I’m with you on this. I received a Quest as a Christmas gift and basically went from 0 to 100 on VR and the Metaverse. It finally makes sense to me. Like you say, there are some issues with the tech, but they’ll be resolved in time, and it’s clear that this is the future of gaming at least, and maybe much of social media/virtual interaction.

The problem is that the problems are mostly the same problems we had since 2012. I am not sure if we can really address them without new breakthrough technologies.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#505

Post by zepto »

rdtwo wrote: post #420
zepto wrote: post #418

Earlier quoted context omitted.

They can’t buy TikTok, and it’s too late to copy it.

Probably not but the TikTok has to pivot before they loose steam and start being a coglomorate otherwise they Will eventually fade so it depends on how successfully they execute this. Meantime Facebook just needs to catch the next TikTok to be relevant again.

Both companies have to keep evolving to stay relevant, yes.

One is declining and reviled, and the other is growing and seen as fun.

That’s the only difference.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#506

Post by zepto »

aierou wrote: post #439
zepto wrote: post #428

Earlier quoted context omitted.

Really? What do you think of as misinformation about Facebook?

How about we start with the claim from the recent leaks that they cause depression or body image issues? The leaked document in question [1] should be considered for further research, but it is hardly evidence of this claim. There is also a popular claim that Facebook contributed to genocide. Here's an article [2]. Facebook hired an investigator that concluded that their involvement was without their knowledge. Tragi…

> Facebook hired an investigator that concluded that their involvement was without their knowledge

It seems like you simply take Facebook at their word.

> More realistically, I think the U.S. (where most of the claims are relevant) is simply declining after several hundred years of abusive reign as the world's superpower.

You do realize that you have provided no actual explanation for the decline.

Can you explain how your account, with a meaningless username, was created in 2014, only to become active around 9 months ago?

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#507

Post by papito »

Miraste wrote: post #171
rossdavidh wrote: post #118

Earlier quoted context omitted.

Exactly, and unlike, say, Google or Apple, I don't think Facebook has really ever had more than one big payoff idea. If that core business model/idea has seen most of its growth, and may even decline, then there is really not much reason to expect it to find any other way to keep growing. They are big, they are profitable, but they are not going to be growing fast in the future, and one could argue should be valued (…

> unlike, say, Google or Apple, I don't think Facebook has really ever had more than one big payoff idea. Interestingly, by revenue Apple is more of a one-trick pony than Facebook. iPhone sales are fully half their revenue, and almost all of their software income is totally dependent on iPhones as well. Meanwhile at Meta, Instagram revenue is roughly equal to Facebook revenue.

Google is search/ads. This is their cash cow. Without it, it would have gone under years ago, just like Yahoo, with a bunch of dead-end project that either make no money or go nowhere.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#508

Post by tim333 »

ksec wrote: post #461
PragmaticPulp wrote: post #299

Earlier quoted context omitted.

> My feed is full of shit I don’t want I don't log in to Facebook very often, but when I do it's not bad at all. I scroll through a few updates from friends and family and catch up with a few people, then I close it for another week or two. There isn't just one "Facebook" that we all see, obviously. Your feed is going to be a reflection of the groups you've joined and the friends you keep (and haven't muted). If you'…

This, along with all the replies down below is the most un-HN comment I have read for the past 10+ years. Facebook is doomed and crap was the accepted norm. Especially during pandemic when I get to see update from my friends. Their new born, or kids finally going to school. I have a suspicious feeling many of the negative and politics went somewhere else like Twitter. And the rest are there you could easily filter ou…

I'm guessing maybe the algorithms figure out if you are into political battles or not and adjust your feed accordingly? I get hardly any of that stuff personally.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#509

Post by tim333 »

rcpt wrote: post #468
IgorPartola wrote: post #234

Earlier quoted context omitted.

So in other words TikTok has made them have to pause and switch to prioritize Reels (which are in every way worse than TikTok BTW) and that means less eyeballs on ads. Honestly Facebook at this point is entirely unusable. My feed is full of shit I don’t want (and I block ads at DNS level so I can’t even imagine what it looks like for most people): Reels, half baked “memes” that are just really random thoughts from pe…

I don't think DNS ad blocking will do much wrt your feed. Sure you won't be able to click into the ads but they're likely all served from the FB domain

https://www.fbpurity.com/ is good. Blocks ads and sponsored stuff. You can customize what you want. Web only I think, not the app.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#510

Post by advisedwang »

mandeepj wrote: post #230
advisedwang wrote: post #180

This is after-hours trading which is very volatile. I wouldn't read too much into a "20%" drop.

Not really. After-hours "mostly" set the trajectory for stock's next day journey. It rarely reverses, but often times just continues the path set earlier.

Yep, you have been proved right! $FB continues to trade >20% down from yesterday!
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