this post was submitted on 14 Sep 2024
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Microblog Memes

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[–] slazer2au@lemmy.world 14 points 2 months ago (2 children)

You are right. Rounding numbers for ease.

$134B income in 2023. 3 billion active users per month

134 ÷ 12 ÷ 3 roughly comes out to $3.7/user/month

https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Fourth-Quarter-and-Full-Year-2023-Results-Initiates-Quarterly-Dividend/default.aspx

[–] 9point6@lemmy.world 17 points 2 months ago (1 children)

So, damn, they could offer a "leave me the fuck alone" subscription for $5/m and nearly double their income from those users.

Kinda makes you wonder why they don't... I guess it kinda looks like extortion

[–] cron@feddit.org 16 points 2 months ago (2 children)

They want 10€ from EU citizens to not show ads, but it is doubtful that this is legal.

[–] slazer2au@lemmy.world 7 points 2 months ago

From memory, after a few drinks, the EU wasn't happy with their option of Pay Us or accept full tracking and advertising.

[–] trolololol@lemmy.world 2 points 2 months ago (1 children)

Wasn't that for showing ads that are not personalized?

[–] cron@feddit.org 2 points 2 months ago* (last edited 2 months ago)

AFAIK completely without ads. This is the first sentence from the link I provided in my previous comment:

Meta will offer people in the EU, EEA and Switzerland the choice to pay a monthly subscription to use Facebook and Instagram without any ads

[–] WoahWoah@lemmy.world 8 points 2 months ago* (last edited 2 months ago) (1 children)

A more comprehensive analysis would show that this is how much Facebook itself makes in profits from selling personal data, not how much total money and influence that personal data is leveraged for across the various entities that purchase access, influence, and/or advertising from it.

[–] slazer2au@lemmy.world 3 points 2 months ago

My numbers are purely income not profit. my quick glance didn't show a profit per user number.