Is Facebook f**ked?

We end Season 3 in the same place we started: Meta's latest earnings report. Spoiler– it's not looking good.
Why is this happening? Is it general market conditions? The maturation of social? Apple's "bullying"? All of the above?!
Companion episode from a year ago: Apple and Facebook Battle for the Future
H.A.G.S.!
– PC

Links
Meta Reports First Quarter 2022 Results
Meta says its metaverse biz lost another $3B, but the 2030s will be "exciting"
Apple Podcasts: Apple and Facebook Battle for the Future
Spotify: Apple and Facebook Battle for the Future
Other links: Apple and Facebook Battle for the Future

Also - my new online course
Customer Experience Strategy

Disclaimers and Disclosures
I hold $TWTR and $APPL. (but not $FB) This content is for informational and entertainment purposes only and is not financial advice.