☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.ml · 2 years agoApple now valued at more than Amazon, Alphabet and Meta — combinedwww.marketwatch.comexternal-linkmessage-square9fedilinkarrow-up117arrow-down10
arrow-up117arrow-down1external-linkApple now valued at more than Amazon, Alphabet and Meta — combinedwww.marketwatch.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.ml · 2 years agomessage-square9fedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up13arrow-down1·2 years agoI think it’s more that the ad driven revenue models are collapsing. Apple retained a traditional business model where they make products that they sell directly to customers.
minus-squareroastpotatothief@lemmy.mlcakelinkfedilinkarrow-up3·2 years agoIs that happening already? I hadn’t heard about it yet.
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up6arrow-down1·2 years agoBoth Google and Meta have been doing layoffs quietly and their revenue has dropped significantly. Alphabet lost 27% from previous year and Meta lost $650 billion in market value so far.
How much of it is artificial stock blowup?
I think it’s more that the ad driven revenue models are collapsing. Apple retained a traditional business model where they make products that they sell directly to customers.
Ah, I see. Thank you
Is that happening already? I hadn’t heard about it yet.
Both Google and Meta have been doing layoffs quietly and their revenue has dropped significantly. Alphabet lost 27% from previous year and Meta lost $650 billion in market value so far.