Mark Zuckerberg Bets Big On Smart Glasses, Calls Meta's Wearables 'Extremely Profitable' Long-Term Play - Meta Platforms (NASDAQ:META)
On Wednesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg addressed investor concerns about the profitability of the company's growing wearables business during the third-quarter earnings, saying Meta's investment in smart glasses and augmented reality devices could eventually turn into "an extremely profitable business."Zuckerberg Confident In Wearables Growth And ProfitabilityWhen Truist Securities analyst Youssef Squali asked if Meta expects to sell enough hardware to recoup its investment in ...