Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of "continued headwinds" in Q4 due to Apple's ATT changes in iOS (Stephanie Condon/ZDNet) - TechnW3

Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of "continued headwinds" in Q4 due to Apple's ATT changes in iOS (Stephanie Condon/ZDNet) - TechnW3

Stephanie Condon / ZDNet:
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS  —  The social media giant also expects its “metaverse” investments will reduce operating profits by $10B for FY 2021, as it begins breaking out Facebook Reality Labs as its own business segment

from TechnW3