Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by initplus on Wednesday February 02, 2022 @07:32PM
(#30186612)
Apple's moat is much larger. The costs involved with hardware manufacture, and the need for a deep software ecosystem are challenging.
Meanwhile Facebook is "just" an app. It's pure software, and doesn't have the same ecosystem tie in. It's not a platform in the way that android/ios/windows are. Starting a new social network is much cheaper than creating a new mobile platform.
Meanwhile Facebook is "just" an app. It's pure software, and doesn't have the same ecosystem tie in. It's not a platform in the way that android/ios/windows are. Starting a new social network is much cheaper than creating a new mobile platform.