We should hop on this high margin cash machine
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Not sure how people are comparing $Alphabet(GOOG)$ $Alphabet(GOOGL)$ ad revenue to $Meta Platforms, Inc.(META)$
Instagram has no way of avoiding ads, offers a verified subscription (for personal and now business), several new creator tools for them to monetize on, a beefed up Reels platform, and have been constantly rolling out new app implementations.
Not a coincidence their huge rally/app implementations were in parallel with the development of their new data centers.
They’ve also recently started turning a profit with their Quest 3 and RayBan glasses (the fruition of all that MetaVerse investing).
This company is still in its formation phase, and you should hop on this high margin cash machine while you can!
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