Update: Found another great post that could be useful I moved it the bottom of the Post
The Meta Quest is slowly turning into one of the most popular gaming consoles. We figured that Gaming Investors might be interested in reading some popular twitter threads on the subject. If you are a Meta Investor then you should find the following threads very valuable. Enjoy
In 2021, $FB‘s Oculus sold more VR headsets (8.1 million) than $MSFT did Xbox consoles (8.0 million).
— Frank Taber (@frankinvesting) March 17, 2022
Meta’s reality labs revenue CAGR over the past 2 years is 113%. If growth continues on that trajectory Oculus will likely sell more headsets than Sony sells PlayStations in FY22
1/ $FB was down as much as 42% in the weeks post its 4Q21 earnings announcement.
— Nayut Sitachitt (@NayutSitachitt) March 19, 2022
In the thread, I explain that the fundamental reasons may play a much smaller role in its decline than the non-fundamental factor; mainly supply-demand dynamics of mega-cap stock
META PLATFORMS, INC
— Dr. Zaius (@Valuations_) March 20, 2022
$META / $FB is facing problems from every angle, but the rumors of Facebook’s death have been greatly exaggerated.
Thoughts:
