The $METAresults are great, but what about the Reality Labs segment? Do you trust it? For now, it's just a money incinerator. As of the end of 2020, the Reality Labs unit has generated cumulative losses of approximately $50 billion!
The $METAresults are great, but what about the Reality Labs segment? Do you trust it? For now, it's just a money incinerator. As of the end of 2020, the Reality Labs unit has generated cumulative losses of approximately $50 billion!
It's simply a bet on the future. If it works, it will come back quickly, but for now, shareholders will have to suck it up.