Great numbers from Meta – you’d almost think Zuck had planned it… beating expectations while everything else is a bit Meh, and doing “i’m sorry” in a way you didnt quite want to punch his lights out… (just saying..)
The numbers hide the realities – that Meta lost screeds of value on its Metaverse foolishness, which is still losing it money. That made it look better priced, and its focused on looking good and appealing to investors. It is winning the advertising wars – but that puts off users. Zuk is hell bent of AI’ing everything.
Without being overly rude, do the numbers disguise it being overpriced? How much of “lipstick on a pig” is it?
Original Headline:
Meta bats the cover off
Morning Porridge Comment:
Great numbers from Meta – you’d almost think Zuck had planned it… beating expectations while everything else is a bit Meh, and doing “i’m sorry” in a way you didnt quite want to punch his lights out… (just saying..)
The numbers hide the realities – that Meta lost screeds of value on its Metaverse foolishness, which is still losing it money. That made it look better priced, and its focused on looking good and appealing to investors. It is winning the advertising wars – but that puts off users. Zuk is hell bent of AI’ing everything.
Without being overly rude, do the numbers disguise it being overpriced? How much of “lipstick on a pig” is it?
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