Here's How Facebook Is Building a Trillion-Dollar Empire
In this video I will be talking about Facebook (NASDAQ: FB) and how it will become a multitrillion-dollar empire over the course of the next 10 years. Mark Zuckerberg has been talking about AR and VR for years, and things are slowly but surely gathering steam. That's not the only thing Facebook is focused on; commerce and the creator economy are another two big aspects of the company that it will be growing in the years to come.
Facebook reported first-quarter 2021 earnings of $3.30 per share, up 93% year over year, and revenue of $26.17 billion, up 48% year over year. Monthly active users (MAUs) were 2.853 billion, up 9.6% year over year. Daily active users (DAUs) were 1.878 billion, which increased 8.3% year over year and represented 66% of MAUs.
It is safe to say that people are still using Facebook, even if they tell you they don't.
Source Fool.com
