“We have made progress this quarter on a number of key company priorities and remain confident in the long-term growth and opportunities that our product roadmap will unlock,” said Mark Zuckerberg, founder and CEO of Meta. “Today more people use our services than ever before, and I’m proud of how our products are serving people around the world.”
The main family of applications (Facebook, Instagram and WhatsApp) represented 97.5% of revenues in the period, but these fell to 11,480, that is, 13% less than the previous year. Reality Labs, the industry focused on products for the metaverse and augmented reality, generated $695 million.
The number of monthly active users for the entire family of apps was 3.64 billion. This is an increase of 6% year-on-year. Also, in this period ad impressions of all apps increased by 15%.
On the other hand, the number of daily active users on Facebook was 1.96 billion on average for March 2022, which means an increase of 4% year over year. Furthermore, this figure also represents a bit of a recovery for the company, which recorded 1.93 billion users the previous quarter.