Facebook smashes revenue estimates but warns Apple change could hobble growth

Facebook smashes revenue estimates but warns Apple change could hobble growth

3 years ago
Anonymous $f-b3Pf4iLZ

https://www.reuters.com/article/us-facebook-results/facebook-smashes-revenue-estimates-but-warns-apple-change-could-hobble-growth-idUSKBN2CF2O1

Facebook Inc beat Wall Street expectations for both quarterly revenue and profit on Wednesday but warned that growth later this year could "significantly" decline as new Apple Inc privacy policies will make it more difficult to target ads.

Facebook smashes revenue estimates but warns Apple change could hobble growth

Apr 28, 2021, 9:46pm UTC
https://www.reuters.com/article/us-facebook-results/facebook-smashes-revenue-estimates-but-warns-apple-change-could-hobble-growth-idUSKBN2CF2O1 >Facebook Inc beat Wall Street expectations for both quarterly revenue and profit on Wednesday but warned that growth later this year could "significantly" decline as new Apple Inc privacy policies will make it more difficult to target ads.