According to Fast Company, Meta’s stock price surged after the company reported quarterly revenue of $59.93 billion, a 24% year-over-year increase that smashed LSEG analyst expectations of $58.59 billion. The company also beat earnings per share estimates, delivering $8.83 against a forecast of $8.23. CEO Mark Zuckerberg made a striking prediction, stating he believes most glasses will be AI-powered within “several years.” The company revealed its “family” of apps—Facebook, Instagram, WhatsApp, and Messenger—now has a staggering 4.01 billion monthly users. This strong financial and user growth was the immediate catalyst for the positive market reaction.
Meta Bets on the AI Eyewear Future
So, Zuckerberg is really doubling down on the wearables play. It’s not just about VR headsets anymore; he’s talking about your everyday glasses. The prediction that most glasses will have AI in a few years is a huge bet on ambient computing. Think about it: instead of pulling out your phone, you just get information whispered in your ear or displayed on a tiny lens. Meta’s already in this game with its Ray-Ban Meta smart glasses, but this comment signals they see it becoming mainstream, fast. It’s a direct challenge to how we interact with technology, and honestly, it makes Apple’s Vision Pro look like a niche, expensive experiment by comparison.
The Real Story Behind the Numbers
Here’s the thing: beating revenue estimates by over a billion dollars isn’t just a lucky quarter. It shows Meta’s advertising machine is firing on all cylinders again, even as it pours billions into the metaverse and AI. The user number—4.01 billion monthly people across its apps—is almost incomprehensible. That’s basically half the planet. It proves that despite all the noise and competition from TikTok, Meta’s core business is an absolute juggernaut. The market’s reaction is a sigh of relief; investors are finally believing that Zuckerberg can spend massively on future tech and keep the current money printer humming. That’s a balance few tech giants manage.
hardware-race”>Winners, Losers, and the Hardware Race
This announcement creates clear ripple effects. The immediate winners are, of course, Meta’s shareholders and anyone in the AI wearable supply chain. But who loses? Traditional eyewear companies that don’t have a tech partner should be sweating. More broadly, it puts pressure on every other tech giant in the hardware space. Google, Apple, Amazon—they all have to think about how AI integrates into everyday objects now. Zuckerberg is essentially trying to skip the “pocket computer” phase and go straight to “eyewear computer.” Will people actually want that? It’s a massive cultural and design challenge, not just a technical one. But if anyone has the cash to throw at the problem until it sticks, it’s Meta.
