27 annotations
once our new AI services reach scale, we have a strong track record of monetizing them effectively
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2024 Q1
25 Apr 24
we're investing in scaling a new products but aren't yet monetizing it
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2024 Q1
25 Apr 24
we'll still grow our investment envelope meaningfully before we make much revenue from some of these new products
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2024 Q1
25 Apr 24
we should invest significantly more over the coming years
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2024 Q1
25 Apr 24
Over time, we'll need to find better ways to articulate the value that's generated here across both segments.
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2024 Q1
25 Apr 24
family of apps and Reality Labs
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2024 Q1
25 Apr 24
I think of them as fundamentally the same business
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2024 Q1
25 Apr 24
Reels is a revenue headwind today that we expect will become revenue neutral by the end of the year or early next year
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2023 Q1
27 Apr 23
Great. Thanks for taking my questions. I have two, one for Mark, one for Susan. Mark, the first one is on generative AI. I sort of wanted to dig a little more into how you think about your blue-sky potential user and advertiser use cases of generative AI? And how do you think about the timeline see some glimpses of those on the platform? And then the second one for Susan, just anymore color on the new data center architecture and how we should think about the long-term capital intensity of the business, whether it’s CapEx per minute, CapEx per DAU? How big of a long-term benefit could this change be to the overall cash flow? Thanks.
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2022 Q4
3 Feb 23
lowered from our prior estimate of $34 billion to $37 billion
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2022 Q4
2 Feb 23
we expect capital expenditures to be in the range of $30 billion to $33 billion
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2022 Q4
2 Feb 23
Over the long-term, we are investing heavily in AI to develop and deploy privacy-enhancing technologies and continue building new tools that will make it easier for advertisers to create and deliver more relevant and engaging ads.
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2022 Q4
2 Feb 23
increased automation for advertisers to make it easier for them to run campaigns and use our systems to optimize their performance.
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2022 Q4
2 Feb 23
Family of Apps’ other revenue was $184 million in Q4, up 19%, with strong business messaging revenue growth from our WhatsApp business platform partially offset by a decline in other line items.
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2022 Q4
2 Feb 23
the total number of ad impressions served across our services increased 23% and the average price per ad decreased 22%
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2022 Q4
2 Feb 23
user geography basis, ad revenue growth was strongest in Rest of World at 5%. North America was flat, while Asia-Pacific and Europe declined 3% and 16% respectively.
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2022 Q4
2 Feb 23
The largest positive contributors to year-over-year growth in Q4 were the travel and healthcare verticals
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2022 Q4
2 Feb 23
Growth remained negative in our largest verticals, online commerce and CPG, though the pace of year-over-year decline in online commerce has slowed compared to last quarter.
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2022 Q4
2 Feb 23
The financial services and technology verticals were the largest negative contributors
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2022 Q4
2 Feb 23
Q4 revenue remained under pressure from weak advertising demand which we believe continues to be impacted by the uncertain and volatile macroeconomic landscape
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2022 Q4
2 Feb 23