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$META Zuckerberg said that they would be TWICE as profitable if it wasn't for $AAPL and $GOOGL limiting them with their App Store rules and taxes. 👀 $META has a net income margin of 34% and makes $51.4B (TTM) in profit.

518,424 views • 1 year ago •via X (Twitter)

10 Comments

Rihard Jarc's profile picture
Rihard Jarc1 year ago

This is a section from a recent interview with Mark: Also if you are interested in $META make sure to check my newsletter where I often write about $META and other Tech companies:

Brooklyn's profile picture
Brooklyn1 year ago

My business would be twice as profitable if I didn't have to pay for Facebook ads.

Robert Sparling's profile picture
Robert Sparling1 year ago

Umm ok .. They are free to make their own store.

OwlOwlOwl's profile picture
OwlOwlOwl1 year ago

I also would be twice as big if I didn’t have to pay taxes. He built his castle in someone else’s kingdom. He doesn’t get to make the rules

Stock Vals's profile picture
Stock Vals1 year ago

It’s a wonder why $META hasn’t made a serious attempt at launching a phone

Chris Milas 🐂's profile picture
Chris Milas 🐂1 year ago

But they wouldn’t have “an app” as popular if it wasn’t for Apple or Google

Phil Kyprianou 💀☕️'s profile picture
Phil Kyprianou 💀☕️1 year ago

So like many other people using Facebook Ads.

slim.mtl's profile picture
slim.mtl1 year ago

Meta is a monster and the street is finally realizing

JettBlast's profile picture
JettBlast1 year ago

Then make a META phone

Brian's profile picture
Brian1 year ago

Translation: According to Zuckerberg, $META would make more money if they could leverage more of your personal data and tracking info without any regard to your privacy.

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