Dude, Meta. META! Remember when it was just a scrappy Facebook, right, and then it gobbled up Instagram and WhatsApp? Now it’s this massive social media behemoth. They got their paws into a whopping gang of five big platforms: Facebook, Insta, WhatsApp, Messenger, and Threads. Yeah, Threads is a thing now, go figure.
Picture this: Q4 2024 hits, and boom, $47.3 billion rains down from this social circus. A solid 97% of what Meta’s raking in comes from these same apps. And for numbers junkies out there, they’re touting a daily active people count of 3.35 billion just in December 2024. That’s like 5% growth over the year. Whether it’s posting cat pics or doomscrolling, folks are hooked.
Now, let’s chat cash flow. Average revenue per person, ARPPU if you’re fancy, shot up to $14.3 in Q4 2024. A neat 15.6% jump from last year. Meta’s piles of cash are growing tall, but alongside comes the big, bad FTC. Antitrust drama alert! They say Meta is playing dirty by munching away potential threats with its Instagram and WhatsApp buys back in the day. Like, major competitive eating contest style.
The court circus is led by U.S. District Judge James Boasberg. They’re talking, whispering even, about chopping up Meta, maybe selling off Instagram and WhatsApp. Imagine if that actually happens. But hold your horses, this legal mambo might drag out for donkey’s years with all those fancy appeals.
And for the stock market junkies… Meta’s stock is swagged out with a “Strong Buy.” Analysts over at TipRanks seem pretty jazzed with a $715.3 target—around a 43% lift. Seems like everyone’s got an opinion. But who knows, right? With drama like this, it’s always a soap opera.
And that’s it—Meta’s wild modern tale. Full of highs, lows, and courtroom drama. Better than any soap opera on TV, only this one’s got billions on the line, not just people with too much hairspray. Cheers to the digital circus! 🙃