The “MAMAA” Quarterly Performance Mar’22 – All flying high despite of weak macrosin Industry Report, Technology on June 13, 2022
Meta Platforms, Inc., formerly known as Facebook, is a multinational technology conglomerate based in the United States. The corporation is the parent company of Facebook, Instagram, and WhatsApp, among other subsidiaries. The company generates revenue by displaying advertisements; in 2021, advertisement accounted for 97.5% of the company’s revenue.
Apple Inc. is the largest tech company by revenue, totaling $365bn in 2021. The American multinational tech company specializes in consumer electronics, software and online services.
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