this post was submitted on 17 Aug 2023
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Privacy

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[โ€“] Xylight@lemmy.xylight.dev 97 points 1 year ago (46 children)

They make $1.4B per day. This is basically just a cheap subscription for them

[โ€“] riccardo@lemmy.ml 64 points 1 year ago* (last edited 1 year ago) (4 children)

From the article:

$100,000 per day for a country with ~5.4 million people is a lot. If even 20 percent used Facebook regularly, then that would still be 10 cents per user per day. It's unlikely that Meta is generating so much profit per user - every day.

This is a reasonable observation and I wonder what Meta would do once one of their services becomes unprofitable in a specific country. Anyway if you add Instagram and WhatsApp to the math, maybe they would still generate profits from the Norwegian userbase

[โ€“] julianh@lemm.ee 10 points 1 year ago (3 children)

I wonder if this is a big amount for Norway's government. After 3 years you've got 100 million dollars. Not huge but you could build a nice hospital or something with that.

[โ€“] Version@feddit.de 5 points 1 year ago

Dude, Norway is one of the richest countries in the world.

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