Re:Meta's Reality Labs loses record $4.65B ahead of Apple's ...
by DidISayTooMuch on Friday February 02, 2024 @01:21PM
(#39232204)
You gotta burn money to make money. This much cash burn is required to build the next gen level of infrastructure. Its a big bet for the company, let's see how it pays out. Haters going to say its all in vain, but no one knows how the future will look. Stock at ATH btw.
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Re:Meta's Reality Labs loses record $4.65B ahead of Apple's ...
by dpflan on Friday February 02, 2024 @01:39PM
(#39232435)
> "Note: Meta began reporting Reality Labs as its own segment in Q4 2020."
RL has been burning money for a few years and similar rates, and this just happens to be the highest one at the moment. Q4 seems to always stand out as the largest loss each year. (According to the "Quarterly losses for Meta's Reality Labs" chart in the article).