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Apple's ATT policy has a $10 billion impact on Meta's business and now Apple is coming after Mark Zuckerberg's metaverse vision.
Apple's (AAPL 5.98%) app tracking transparency changes had an estimated $10 billion impact on Meta Platforms' (META 2.33%) business and now Apple is coming after Meta's metaverse business. This is a battle investors will want to watch, as Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of Jan. 9, 2023. The video was published on Jan. 12, 2023.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Apple and Shopify. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify, long March 2023 $120 calls on Apple, short January 2023 $1,160 calls on Shopify, and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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