Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of "continued headwinds" in Q4 due to Apple's ATT changes in iOS (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet:
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS  —  The social media giant also expects its “metaverse” investments will reduce operating profits by $10B for FY 2021, as it begins breaking out Facebook Reality Labs as its own business segment

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https://ift.tt/3GldCPW October 26, 2021 at 02:45AM https://ift.tt/gaIxo5