In the three-month financial results of American IT giant Meta, the rate of increase in sales was the lowest in the last 10 years, and the final profit decreased by more than 20%.
The suspension of Facebook in Russia after the military invasion also had an impact.
As announced on the 27th by Meta, sales from January to last month were 27,908 million dollars, about 3.57 trillion yen in Japanese yen, an increase of more than 6% compared to the same period of the previous year. rice field.
However, the rate of increase was the lowest in the last 10 years.
In addition to strengthening the privacy protection of smartphone apps by IT giant Apple, the suspension of use of Facebook and Instagram in Russia after the military invasion of Ukraine also affected the online advertising business. ..
The final profit was $ 7,465 million, or about 950 billion yen in Japanese yen, due to investment related to the virtual space "Metaverse" on the Internet, a decrease of 21% from the same period of the previous year.
Meta has indicated that this trend will continue for the three months leading up to June.
Giant IT companies in the United States have maintained good performance even in the Corona disaster, but now they are starting to see variability in their performance.