It’s notoriously difficult to foresee the next big thing. No one questions the Metaverse’s utility, but Mark Zuckerberg is so confident in it that he has renamed his company Meta (MVRS) – Get Meta Report in honour of his faith in it.
In the same way that Amazon (AMZN) has filed for a number of patents for 3D printing, it could have changed its name and become 3DP.
From Microsoft (MSFT) to Nike (NKE) to Adidas (AD), every company has taken notice of the metaverse, and the race is on to see which one will reign supreme in the virtual space. It’s no longer just a buzzword; it’s a trend. To put it another way, I don’t see.” Like the rest of the world, we’re intrigued by it a little bit… The “real-verse” is what we’re all about, according to Kern in an interview with “Squawk on the Street.”
Virtual experiences will not be able to replace real ones, according to the CEO. When Facebook changed its name from Facebook to Meta, CEO Mark Zuckerberg wrote a letter outlining what he thinks will happen next in the internet’s “next chapter.”
Apple (AAPL) – Get Apple Inc
Online advertising could be dominated by the likes of Google, Facebook, and other tech giants in the future. As a result of the covid-19 pandemic, businesses have a greater need for online advertising, which benefits Big Tech.
Companies such as Alphabet (GOOGL), Microsoft, Amazon (AMZN), . Class A Report have each developed winning digital advertising platforms that are contributing nicely to their top-line growth over the past few quarters.
Twenty-nine and a half billion. That’s how much money Alphabet made from Google advertising in 2021, up 42.5 percent year-over-year. In the wake of the pandemic, digital advertising has become stronger than ever, and this staggering figure could also be a sign that the economy is on the road to recovery.
After a worrying earnings report in which CEO Mark Zuckerberg mentioned that new privacy features introduced by Apple could result in $10 billion in lost sales in 2022, the stock of social media giant Meta has plummeted in recent sessions.
Due to the fact that the big tech giants rely on businesses of all sizes to spend on their digital advertising services, one could conclude that such strong revenue figures in their advertising segments are a healthy indicator for the economy.
A Huge Untapped Growth Opportunity Awaits Apple
Even though Apple is already one of the most well-known and recognisable brands in the world, a bullish note from Wells Fargo claims that the company still has a few surprises up its sleeve.
Creative and software developers are already big fans of Apple’s Mac desktops. In contrast, analyst Aaron Rakers thinks Apple is on the verge of a major shift in the enterprise and commercial markets’ adoption of the Mac.
There is still a small portion of Apple’s revenue coming from Macs (about 10%), but the company has become more vocal about the use of Macs in the workplace.