Meta Platforms Inc has released its financial position report for the fourth quarter of 2021. The company announced that its revenue, mostly from ads shown in its apps, was $33 billion in the last quarter. Its total revenue in 2021 reached $117 billion, an increase of 37 percent compared to 2020.
Meta, on the other hand, could not display a positive picture in terms of the rate of use of the social media applications it contains. Facebook, which has come to the fore with the news that it is growing in the number of daily users every year, this time fell short of the expectations of the investors. For the first time in its history, the platform experienced a decrease in the number of users.
Facebook daily users decreased by 1 million
The number of daily active users of the social media network connected to Meta stood at 1.930 billion in the third quarter of 2021. However, Facebook announced that the number of daily users fell to 1.929 billion in the fourth quarter, with a loss of 1 million. While the platform was bullish in Europe and Asia Pacific regions, it was bearish globally.
Facebook’s daily active users (2021 Q4)
On the other hand, Facebook increased the number of monthly active users. Measuring 2.910 billion in the third quarter of 2021, monthly users rose by 2 million to 2.912 billion in the fourth quarter. The social media network’s monthly active user report in the first quarter of 2021 was 2.853 billion.
Meta; Instagram did not share the number of users of WhatsApp and Messenger separately. The company, which announced the number of monthly active users of all its applications, including these three, in the fourth quarter of 2021, with an annual increase of 9 percent, as 3.59 billion; He stated that the number of daily users is 2.82 billion in total.
Monthly users of applications belonging to Meta (2021 4th Quarter)
VR sales impacted total revenue
The company earned $32 billion in revenue from apps that include Facebook, Instagram, WhatsApp and its other services. It earned $877 million from the Reality Labs (RL) division, which covers Augmented Reality and Virtual Reality related products.
Meta’s earnings from apps and RL section
What do you think about this data announced by Meta? You can share your comments in the space below or on the SDN Forum.
3493
