> No evidence they are dying. All we have is a single quarter's result i.e. statistically meaningless.
But their first down quarter (for users) does say something. No one would be talking about this if it hadn't happened.
But their first down quarter (for users) does say something. No one would be talking about this if it hadn't happened.
Can't think anyone serious would look to derive any meaning from a single data point in this environment.
For all we know the entire DAU drop could be from Ukraine and Russia alone.
Literally none of these things account for people not logging in to FB. In fact, some (all?) of those sound like the sorts of things that would drive engagement among millions of bored and frustrated people.
That means less to spend on new phones, data plans etc. And more time spent at work.
The DAU drop happened before the war, in the quarter up to December 2021.