May 22, 2022

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Meta lost $3 billion in the first quarter of 2022 - Prensa Libre

Meta lost $3 billion in the first quarter of 2022 – Prensa Libre

since it was Mark Zuckerberg announced it at the end of 2021Meta has been at the center of the controversy either because of Change the name that led to Facebookplus plans for new platforms from metaverse where is the Reality and Virtual They will come close.

The company’s plans, unlike the global service conglomerate such as Facebook, Instagram, WhatsApp or Messenger, seek to create a file A virtual world in which people Could you Connection each other from Use of devices.

This plan led Zuckerberg, the creator and founder of the company, to promote various investments, as well as investigations that, according to him, would give results so that can enjoy the metaverse In a few years.

during the The last days of April 2022pronounced dead Financial results for the first quarter Referring to the current year in which the company was revealed He lost about 3 billion dollars during the mentioned period.

This happened because in the first three months of the year Reality Labsthe research department that will develop lossy metaverse devices recorded by 2 thousand and 960 million dollars. In 2021 alone he had lost Another $10 billion.

However, this loss may not be that serious for Zuckerberg or Meta. The CEO of the company commented on this fact It will enhance the balance in the operation of reality labs. It will all be a matter of time before the world sees what the benefits will look like.

In this regard, the CEO noted in a meeting with Meta shareholders: “It will not be until these products really Significantly expand and reach the marketAnd that market is going to get big, and that’s going to be a huge revenue or profit contributor to the company.”

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Similarly, the tech mogul noted that committing to Reality Labs against Meta would lay the foundations so that 2030 there is something “very exciting”.