After the announcement of the results for the last quarter of 2021, the shares of Meta – which controls Facebook, Instagram and Whatsapp – decreased by approximately 20%. Earnings also decreased to $ 10.3 billion (from $ 11.2 billion in the last quarter of 2020) and earnings per share to $ 3.67 (from $ 3.88 in 2020).
Most influencing the results was the decline in daily active users globally. In fact, the number of daily active users on Facebook was 1.929 billion, down from 1.93 billion users in the previous quarter. The largest loss, would have been recorded in North America, where the company earns the most from advertising.
Contrasting results were also obtained by the division Reality Labs , responsible for the VR Meta Quest viewer, which lost more than 10 billion dollars in 2021. , Zuckerberg said that Half's next VR headset will be released later this year and will fit into the high-end price range.
