Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
Meta's Q4 results show steady growth. The company has exceeded expectations in revenue across departments least likely to be ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Meta continues to post huge losses from its Reality Labs unit, which is focused on the metaverse and virtual reality. The ...
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...