Apple's strategy completely challenges Facebook's business model
The social networking group Facebook presented quarterly figures that exceeded even the boldest expectations of analysts: In the fourth quarter marked by the corona pandemic, Facebook achieved sales growth of 33 percent to 28.1 billion dollars.
Quarterly profit rose even more sharply by 53 percent to $ 11.2 billion. 3.3 Billion people used the Group’s services, 14 percent more than a year ago. So Facebook CEO Mark Zuckerberg would have every reason to be satisfied.
But in the conference call on the numbers, Zuckerberg was far from optimistic. Reason is the dispute with another tech giant from California: