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☆ A TikTok ban would be a win for Mark Zuckerberg
▼ + stars: | 2024-04-22 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Meta CEO Mark Zuckerberg will very likely end up the ultimate winner in the most recent push to force a sale or ban of Chinese-owned TikTok. The House passed a TikTok "ban" or forced sale as part of a bill on military aid for Ukraine and Israel. A year ago, BI's Grace Kay wrote that TikTok legislation would be like "an early Christmas present" for Zuckerberg. Instagram had more growth and downloads last year than TikTok, and after Instagram faced an existential crisis, it's having a surprising comeback.) If ByteDance ends up selling TikTok to a US company, it's hard to imagine it will be a smooth transition.

Persons: —, Zuck —, Mark Zuckerberg, Joe Biden, it'll, Zuckerberg's Meta, BI's Grace Kay, Zuckerberg, Instagram, Adam Mosseri, TikTok, there's, ByteDance, Steven Mnuchin Organizations: Service, Business, Zuckerberg's, Meta, YouTube, Big Tech Locations: Ukraine, Israel

☆ Elon Musk says he's raising Tesla engineer salaries because OpenAI has been aggressively poaching them with massive paydays
▼ + stars: | 2024-04-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Elon Musk says he's hiking the salaries for those working on Tesla's AI engineering team. "The talent war for AI is the craziest talent war I've ever seen!" Tesla CEO Elon Musk said on Wednesday that his company is increasing the compensation packages for those working on the AI engineering team. — Elon Musk (@elonmusk) April 3, 2024Representatives for OpenAI did not immediately respond to a request for comment from Business Insider sent outside regular business hours. "The talent war for AI is the craziest talent war I've ever seen!"

Persons: Elon Musk, Musk, OpenAI, —, Sam Altman, poach, Tesla, — Elon, Ethan Knight, Ethan, Elon, Meta's Mark Zuckerberg, Google's, Meta, It's, who's, Sergey Brin, Brin Organizations: Service, Tesla, Musk's, xAI, OpenAI, Business Insider, Big Tech, Google

☆ Mark Zuckerberg's Meta wants to burst Apple's blue bubbles: WhatsApp is coming for iMessage in the US
▼ + stars: | 2024-02-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Getty ImagesThe Meta CEO reigns over an empire of social media apps that will be familiar to many Americans. Facebook bought the instant messaging app for $19 billion back in 2014, and has been able to turn it into a mega-hit across the world ever since. Such features seem to be of interest to businesses: WhatsApp's daily business users jumped 80% in the US last year, per data from Apptopia first reported by the Big Technology newsletter. 'Channels'WhatsApp is trying to offer the perks of social media without the publicity of it all. In late 2022, the Meta chief acknowledged that while there is still some time before bets on the metaverse can prove successful, "business messaging is probably going to be the next major pillar."

Persons: WhatsApp, iMessage, Mark Zuckerberg, —, Zuckerberg Organizations: Meta, Service, Apple, Bloomberg Intelligence, Facebook, Chevrolet, Samsung, Big Technology Locations: America

☆ Why Meta's shiny new dividend and whopping $50 billion buyback plan may divide investors
▼ + stars: | 2024-02-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Mark Zuckerberg's Meta declared its first dividend and another $50 billion in approved buybacks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMeta announced its first dividend and another $50 billion of authorized stock buybacks in its fourth-quarter earnings on Thursday. The social-media giant is clearly eager to reward its shareholders, but its latest moves could divide investors. Meta's new dividend and large-scale buybacks are intended to show it values its shareholders and wants to reward them.

Persons: Mark Zuckerberg's Meta, Warren Buffett, —, Susan Li, Nigel Green, Tesla, Instagram, Warren Buffett's Berkshire Hathaway doesn't, allocator, Buffett, Zuckerberg, Apple's buybacks, Kraft Heinz Organizations: Service, Meta, Reality Labs, Facebook, Warren, buybacks, Chevron, Kraft

☆ Apple, Zuck, Elon, and the lesson of Microsoft Windows
▼ + stars: | 2024-01-24 | by ( Alistair Barr | ) www.businessinsider.com time to read: +9 min

However, this person has been investing for more than 2 decades and sold a startup to a big tech company in the first dot-com boom. "The lesson of Microsoft Windows"Then this hedge funder schooled me on the "lesson of Microsoft Windows." He also pointed out that if you don't own a big platform, your life kinda sucks. AdvertisementThe biggest betsThis is why big tech companies are investing 100s of billions of dollars to find the next big platforms. Big Tech is all about winning our attention and being the first "funnel" that sends us out into the world.

Persons: Mark Zuckerberg, —, Apple, Tesla, it's, Mark Gurman, I've, Matthew Ball, Zuckerberg, Ball, OpenAI, Nora Naughton, Elon Musk Organizations: Apple, Service, Apple's, Microsoft, Microsoft Windows, Android, Amazon, Google, Big Tech, Tesla, Software, GM, Ford, Meta Locations: American

☆ Mark Zuckerberg's Meta has lost nearly $50 billion on the metaverse - more than Ford, Hershey, or Kraft Heinz are worth
▼ + stars: | 2023-10-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg's Meta has recorded nearly $50 billion of metaverse losses in under five years. "We expect our RL operating losses to increase meaningfully in 2024," they noted in Meta's third-quarter earnings. Meta's metaverse losses to date exceed the market capitalization of Ford ($45 billion), Keurig Dr. Pepper ($41 billion), Hershey ($39 billion), Kraft Heinz ($39 billion), and many other large companies. They could soon overtake Lululemon ($49 billion), Chipotle ($50 billion), Target ($51 billion), and Monster Beverage ($52 billion) in size. They would also be worth nearly half as much as Zuckerberg ($105 billion).

Persons: Mark Zuckerberg's Meta, Kraft Heinz, Nike's Phil Knight, Nvidia's Jensen Huang, Ken Griffin, —, Zuckerberg's Meta, Zuckerberg, Dr, Pepper, Phil Knight, Jensen Huang, Taylor Organizations: Ford, Hershey, Service, Reality Labs, Lululemon, Monster Beverage, Bloomberg, Nike, Nvidia, Citadel, Meta, NBA Locations: Meta's

☆ How options traders are setting up for the major tech earnings this week
▼ + stars: | 2023-10-23 | by ( Michael Khouw | ) www.cnbc.com time to read: +15 min

Big Tech earnings This week is less about reading between the lines/through results, and contextualizing management comments, but rather it's about the market itself. AI - AI - AI! The options market is implying an earnings related move of 4.7%. Our options market sentiment score for GOOG/GOOGL is 80th percentile - which one may think of like a score/grade, so a B- in terms of options sentiment. Call open interest is 15% higher than put open interest, our options market sentiment score is 83% so B/B- territory.

Persons: ChatGPT, Bing, it's, AMZN, Mark Zuckerberg's, Zuckerberg, one's Organizations: Cambridge, JPMorgan Chase, Citigroup, Bank of America, BlackRock, Goldman, Equity, Big Tech, Microsoft, Apple, Nvidia, Inc, Investors, YouTube, Amazon, Google, Gaming, Activision, Logistics, Federal Express, CNBC, ExxonMobil, Chevron, Visa, Mastercard, Merck, Co Locations: financials, Wells Fargo

☆ Mark Zuckerberg's Meta is reportedly 'afraid of Apple' right now
▼ + stars: | 2023-10-09 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

A Meta worker told Bloomberg the company is in the "'afraid of Apple' stage." Zuckerberg has pointed out that Apple's headset will be far more expensive than Meta's. "We're in the 'afraid of Apple' stage," one Meta worker told Bloomberg's Mark Gurman. Apple is positioning its Vision Pro as a productivity and entertainment device first and foremost, with gaming as more of an added bonus. The Meta Quest 3, priced at a fraction of Apple's Vision Pro, launches October 10.

Persons: Apple, Mark, Zuckerberg, —, Bloomberg's Mark Gurman, Mark Zuckerberg, Gurman, Tim Cook, Apple's, he'd Organizations: Bloomberg, Apple, Service, Meta, Counterpoint Research, New York Times, Pro, Quest

☆ Mark Zuckerberg spars on a floating barge with MMA fighters in a video that couldn't be further from the sunblock-smeared Zuck of summer 2020
▼ + stars: | 2023-09-05 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +3 min

Meta CEO Mark Zuckerberg has been curating a "shredded" persona over the last year. His training regimen drew attention after he agreed to a possible cage fight with Elon Musk. Zuckerberg's newest post shows him sparring with MMA fighters on a floating barge. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The new summertime Zuck spars with MMA fighters on a floating barge.

Persons: Mark Zuckerberg, Elon Musk, Long, Israel Adesanya, Zuckerberg, Alexander Volkanovski, that's, Musk, he'd, — Zuckerberg, Elon, Meta, Jeff Bezos, podcaster Lex Fridman, Mark Zuckerberg's Organizations: Service, New Zealand MMA, MMA, Meta Locations: Wall, Silicon

☆ The hidden consequence of the return-to-office crackdown — more workers will lose their jobs
▼ + stars: | 2023-08-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

The push to get workers back to offices could put millions of jobs at risk if people don't comply. What makes this even more difficult to swallow for Meta employees is just how quickly Meta's tone has changed. In June, they were informed about the need to come into the office three days a week from September 5, per The Information. AdvertisementAdvertisementAmazon is making a similar play to Meta, with a return-to-office strategy that involves scare tactics. But since few people can afford to be out of a job right now, employers may get their way.

Persons: they'll, Zuckerberg's Meta, Lori Goler, Goler, Andy Jassy's, Insider's Linette Lopez Organizations: Labor, Stanford University, University of Chicago, MIT, ITAM University, Meta, Wall, Deloitte, Workplace Intelligence Locations: Silicon Valley, Silicon, Wall, Mexico, East Coast

☆ Mark Zuckerberg's 'Year of Efficiency' spreads from Meta to Priscilla Chan's charitable organization, which just laid off dozens of people
▼ + stars: | 2023-08-10 | by ( Kali Hays | ) www.businessinsider.com time to read: +2 min

The Chan Zuckerberg Initiative is a charitable vehicle for the wealthy couple. The charitable foundation of Mark Zuckerberg and his wife Priscilla Chan conducted its first layoff this week. The cuts at the Chan Zuckerberg Initiative impacted 48 employees, according to two people familiar with the company. Over at Meta, employees there have dealt with layoffs since November, as the company looked to reduce costs in the face of slowing revenue growth and massive expenses on Zuckerberg's metaverse ambitions. It seems that mandate has made its way over to the CEO's charitable initiative as well.

Persons: Chan Zuckerberg, CZI, Mark Zuckerberg, Priscilla Chan, Chan, Raymonde Charles, Charles, Zuckerberg Organizations: Harvard University, Meta, Facebook Locations: Meta

☆ Return-to-office mandates just got another vote in their favor: A new study says WFH results in 18% less productivity.
▼ + stars: | 2023-08-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

A study from economists at MIT and UCLA found productivity dropped when people worked from home. The study observed groups of data-entry workers in India working from home and from the office. Some workers argue they're more productive working remotely. Those in the work-from-home group were 18% less productive than those working from the office. Why data-entry workers?

Persons: It's, David Atkin, Andy Jassy, Zuckerberg's Meta Organizations: MIT, UCLA, Service, National Bureau of Economic Research, Massachusetts Institute of Technology, University of California, Fortune, Microsoft, Amazon Locations: India, Wall, Silicon, Los Angeles, Chennai

☆ Mark Zuckerberg and Priscilla Chan have 3 kids: Maxima, August, and Aurelia
▼ + stars: | 2023-08-07 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Meta CEO Mark Zuckerberg and Priscilla Chan have been married since 2012 and have three children. Meta CEO Mark Zuckerberg and wife Priscilla Chan have been married since 2012 after meeting in college. On the day the couple announced Maxima's birth, they also unveiled their philanthropic fund, The Chan Zuckerberg Initiative. Zuckerberg and Chan have also found a balance between teaching their kids part of Zuckerberg's Jewish religion and Chan's Chinese heritage. At the end of the night, Zuckerberg does a bedtime prayer in Mandarin Chinese with his children, Chan told The Times.

Persons: Mark Zuckerberg, Priscilla Chan, Zuckerberg, Aurelia, There's, —, fascinates Zuckerberg, Augustus Caesar, Newborn, Marcus Aurelius, Chan Zuckerberg, Chan, Mark Organizations: Chan Zuckerberg Initiative

☆ Tim Cook says he's using Apple's $3,500 Vision Pro headset daily. There are still no photos.
▼ + stars: | 2023-08-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Tim Cook wants you to know that he's using the Apple Vision Pro every single day. The Vision Pro is a major step into virtual reality, and is Apple's biggest launch since the iPhone. Tim Cook wants everyone to know he's apparently using Apple's upcoming Vision Pro headset every day, though not enough to share a selfie. A quick recap: The Apple Vision Pro is, to all intents and purposes, the company's shot at a virtual-reality headset. "There's enormous excitement around the Vision Pro," Cook insisted during the firm's quarterly earnings call Thursday.

Persons: Tim Cook, Mark Zuckerberg's, Cook, that's, We're, Sidney Ho, Alistair Barr, Apple Organizations: Apple Vision, Apple, Vision, Deutsche Bank, Apple's, Conference, VR

☆ Mark Zuckerberg's Metaverse losses pass $40 billion. Here's why that's suddenly OK.
▼ + stars: | 2023-07-26 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Meta has so far lost more than $40 billion on metaverse projects and expects to lose more. Wall Street is starting to come to terms with the massive amount of money Mark Zuckerberg keeps pouring into the metaverse. With second-quarter results out, collective losses from Reality Labs, the metaverse unit at Meta, has now surpassed $40 billion and more financial pain is on the way. "There are, you know, a billion or 2 billion people who have glasses today. During the second quarter, profit from that family of apps increased by $2 billion, while losses from Reality Labs came in at $3.7 billion.

Persons: Meta, Mark Zuckerberg, Zuckerberg, hassled Zuckerberg, Kali Hays Organizations: Morning, Reality Labs, Meta, Revenue, Facebook, Twitter Locations: khays

☆ Meta already appears to hold the rights to 'X.' It could make Twitter's rebrand complicated.
▼ + stars: | 2023-07-24 | by ( Sonam Sheth | Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg's Meta already appears to have a trademark for an "X" logo. Musk's new logo for "X" also resembles a Unicode character and a Monotype font. Twitter may have hit a snag while rolling out its new logo — it seems like Meta already holds the rights to it. Meta's "X" logo in its trademark filings looks different from the one Musk has put up on Twitter's website. Meta's "X" looks like two arrows with rounded ends pointing inwards — one white and one blue — while Twitter's "X" is a black and white angular rendition.

Persons: Mark Zuckerberg's Meta, Elon Musk, Zuckerberg's Meta, Matthew Scroggs, Josh Gerben, Meta, Gerben Organizations: Elon, Twitter, University College London, Monotype

☆ Jack Dorsey appears to snub Mark Zuckerberg's Threads follow request: 'Too soon'
▼ + stars: | 2023-07-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Jack Dorsey doesn't seem keen on following Mark Zuckerberg on Threads. The Twitter cofounder posted an apparent screenshot of a follow request and tweeted: "Too soon b." Jack Dorsey appears to have snubbed Mark Zuckerberg's attempt to follow him on Threads. The Twitter cofounder posted a screenshot of the Meta CEO's follow request on Threads, along with the words: "Too soon b." As Zuckerberg follows Dorsey's Instagram account, the request could have been part of an opt-in feature that links a user's Instagram followers to Threads and sends out automatic requests.

Persons: Jack Dorsey doesn't, Mark Zuckerberg, Dorsey, Jack Dorsey, Mark Zuckerberg's, Zuckerberg, Zuckerberg's Meta, Elon Musk, Bluesky Organizations: Zuckerberg's, Twitter, Elon, Instagram

☆ Meta's VP of Metaverse says 'the metaverse hype is dead,' but that's OK
▼ + stars: | 2023-07-13 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

Meta's VP of Metaverse said the hype cycle for the metaverse is dead, but that's okay. The metaverse team can "put their heads down and build" the experiences, Vishal Shah told Fortune. "I think the metaverse hype is dead. People access Meta's metaverse apps through the company's Quest lineup of headsets, but Apple recently announced the $3,499 Vision Pro headset. Interestingly enough, Apple is avoiding the term metaverse in favor of "spatial computing."

Persons: Metaverse, Vishal Shah, Fortune, Shah, Mark Zuckerberg's, Mark Zuckerberg, NOAH BERGER, Zuckerberg, Kali Hays, Ashley Stewart, Meta, Tim Cook, Greg Joswiak, Andrew, Boz, Bosworth Organizations: Morning, Tech, Facebook, Meta, Getty Images, Anadolu Agency, Getty, The Washington Post, Apple, Wall Street Journal Locations: Utah, Menlo

☆ Musk and Zuckerberg might channel their cage-fight anger on a new, shared enemy: ChatGPT
▼ + stars: | 2023-07-13 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Artificial intelligence could become the next battleground for Elon Musk and Mark Zuckerberg. Artificial intelligence could become the next battleground in the ongoing feud between Tesla CEO Elon Musk and Meta Platforms boss Mark Zuckerberg. The two billionaires – who've been trading barbs online since Musk summoned Zuckerberg to a cage fight last month – are working to challenge the dominance of ChatGPT owner OpenAI. Zuckerberg responded by telling Musk to "send [him his] location", setting the stage for a physical confrontation. Insider tech reporter (and resident combat sports expert) Hasan Chowdhury believes that Zuckerberg would have the edge in that one.

Persons: Elon Musk, Mark Zuckerberg, – who've, Musk, Zuckerberg, OpenAI, it's, It's, Sam Altman's, Hasan Chowdhury Organizations: Meta, Financial Times, Microsoft, Nvidia Locations: DeepMind

☆ Elon Musk Hasn't Killed Twitter, He's Just Made It Irrelevant
▼ + stars: | 2023-07-12 | by ( Linette Lopez | ) www.businessinsider.com time to read: +13 min

It's been less than a year since he bought it, and Elon Musk's Twitter is already well on its way to suffering a fate worse than death — irrelevance. How you do a turnaroundIn the early days of Musk's Twitter takeover, I told you he was overpaying for the company. Unfortunately for Twitter, Musk is not a traditional turnaround guy. Maybe, to Musk, that's a crusade worth sacrificing the very thing that makes Twitter special. Maybe this is the site Musk wanted in the first place.

Persons: It's, Elon, irrelevance, Musk, Ron DeSantis, Rihanna, Mark Zuckerberg's Meta, Alexandria Ocasio, Cortez, Jennifer Lopez, Steph Curry, Donald Trump's, he's, tweeting, Vicki Bryan, Bond Angle, Goldman Sachs, Twitter hadn't, Linda Yaccarino, That's, Bryan, Morgan Stanley, what's, Jack Dorsey, —, Instagram, Lina Khan, hasn't, Meta, Zuckerberg, he'll, Linette Lopez Organizations: Elon Musk's Twitter, Gov, Twitter, Super, Metropolitan Transportation Authority, MTA, Oracle, Google, Fidelity, Wall Street, Pew Research, Pew, Federal Trade Commission, Meta Locations: Florida, Alexandria, New York

The complaint by Musk's X Corp, which owns Twitter, was filed on Wednesday in the California Superior Court in San Francisco. Musk accused Wachtell of exploiting Twitter by accepting, in the final days before the Oct. 27, 2022, buyout closed, huge "success" fees doled out by departing Twitter executives who were grateful that Musk would be forced to close. "Wachtell arranged to effectively line its pockets with funds from the company cash register while the keys were being handed over" to Musk, the complaint said. Musk wants to recoup "excess" fees that Wachtell charged under an agreement signed on the day of closing by one of its partners and Twitter's chief legal officer Vijaya Gadde. The case is X Corp v Wachtell, Lipton, Rosen & Katz, California Superior Court, County of San Francisco, No.

Persons: Elon Musk, Wachtell, Lipton, Katz, Musk, Vijaya Gadde, Martha Lane Fox, Sean Edgett, Mark Zuckerberg's, Carl Icahn, Icahn, Jonathan Stempel, Marguerita Choy Organizations: Rosen, Twitter, Musk's X Corp, California Superior Court, Tesla Inc, SpaceX, Fox, CVR Energy, X Corp, Thomson Locations: California, San Francisco, Delaware, Katz , California, Court, County, New York

☆ Mark Zuckerberg's Meta launches Instagram's Threads app, a rival to Twitter amidst Elon Musk backlash
▼ + stars: | 2023-07-05 | by ( Samantha Kelly | ) edition.cnn.com time to read: +4 min

Meta's new Threads app Courtesy Meta“The vision for Threads is to create an option and friendly public space for conversation,” Meta CEO Mark Zuckerberg said in a Threads post following the launch. After downloading the app, users are asked to link up their Instagram page, customize their profile and follow the same accounts they already follow on Instagram. Verified Instagram accounts are also automatically verified on Threads. In this photo illustration, the app Threads from Meta seen displayed on a mobile phone. The escalating rivalry between the two companies only appears to have added to the rivalry between Musk and Meta CEO Mark Zuckerberg.

Persons: ”, Mark Zuckerberg, Meta, Elon Musk, Davide Bonaldo, ” parroting, Musk, “, Zuckerberg, –, Hanna Ziady Organizations: CNN, Facebook, Twitter, Meta, Wednesday, TweetDeck

☆ From the $3,499 Vision Pro to the $17,000 gold Apple Watch, these are 6 of Apple's most expensive products ever
▼ + stars: | 2023-06-08 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Apple is known for a lot of things, but selling cheap products isn't one of them. That was the case this week when Apple unveiled its long-awaited mixed-reality headset, the Vision Pro. Packed to the brim with cutting edge technology, the Vision Pro is Apple's first major product launch in almost 10 years. Whether or not the Vision Pro becomes a hit with customers when it releases next year remains to be seen, but it has already entered the ranks of Apple's priciest devices. Here are six of Apple's most expensive products ever.

Persons: Mark Zuckerberg, Max Organizations: Apple, Facebook, Apple Watch, Vision, Developers Conference

☆ Meta is setting up a taskforce after Instagram was found to guide users to child-sex context
▼ + stars: | 2023-06-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Meta has set up a taskforce to counter child exploitation following a Wall Street Journal report. An investigation by the newspaper and academic researchers found Instagram promoted child-sex material. It highlighted the failings of Big Tech firms in regulating the spread of illicit content online. Meta has set up a taskforce to counter child exploitation after a news report said Instagram helped promote networks of accounts trading child-sex content. Twitter owner Elon Musk has also identified sexual content of children online as a serious problem.

Persons: Meta, Instagram, Mark Zuckerberg's Meta, Elon Musk, We're Organizations: Big Tech, Street, Stanford University, University of Massachusetts Amherst, The, The New York Times, Twitter

☆ Apple is ready to enter its metaverse era with a mixed reality headset. The rest of the world might not be.
▼ + stars: | 2023-06-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Apple is on the cusp of revealing its future post-iPhone with a big bet on the metaverse. Tim Cook is expected to unveil a new mixed reality headset at WWDC in his riskiest move yet. Apple has the tough task of convincing the world the metaverse is still the future as interest dips. But emerging signs suggest Apple would have a seriously tough time shipping units for its metaverse bet. "If you believe there's something beyond a smartphone then it's probably the metaverse," Munster said.

Persons: Tim Cook, that's, Mark Zuckerberg's Meta, it's, Zuckerberg, Palmer Luckey, —, ChatGPT, Gene Munster, he's, Siri, That's, Apple, Munster, Bill Gates, Apple's Cook Organizations: Apple, Developers, Bloomberg, Meta, Deepwater Asset Management, Microsoft Locations: Cupertino

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