• hitmyspot@aussie.zone
    link
    fedilink
    English
    arrow-up
    79
    ·
    6 months ago

    I’m surprised they made 440m. However, investing in r+d is not unusual. This amount is not a huge investment for them based in overall revenue.

    • AdamEatsAss@lemmy.world
      link
      fedilink
      English
      arrow-up
      17
      arrow-down
      2
      ·
      6 months ago

      If you report a loss you don’t pay taxes. Or something like that I’m not an accountant.

    • flerp@lemm.ee
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      1
      ·
      6 months ago

      Yeah. Come back in 10-15 years when half the world is using it or a successive product and people will be posting articles like these laughing at them like they do with the ones saying the internet or cell phones will never catch on and surprisingly no one will open up and admit they were the ones denying it would come. Meta has the money, they don’t care how much they spend, as long as they can get in and corner the market early they will make it back many times over in the years to come… assuming climate change or nukes don’t make it impossible of course.