ipnon 3 days ago

It's really difficult to wrap one's head around the cash they're able to deploy.

  • kgwgk 2 days ago

    They “deploy” much more than what they generate.

    Their cash position has gone from $44bn to $12bn in the first six months of the year and are now getting other people to pay for datacenters https://www.reuters.com/business/meta-taps-pimco-blue-owl-29...

  • Hilift 2 days ago

    At the current price of $107,586 per kilo of gold, that is 731,507 kilos of gold per year. A rail box car has a load limit of 92,500 kilos. Eight full box cars, or 16 half full box cars of gold currently represents the annual output of META.

hinkley 2 days ago

23:1 P/E. Not Tesla levels of stupidity but still high for a mature company.

almostgotcaught 2 days ago

385 comments based on a clickbait headline from telegraph (you know that sophisticated tech focused newspaper...)

stripe_away 3 days ago

how does this compare to the depreciation cost of their datacenters?

  • dh2022 2 days ago

    The financials from the link to not specifically call out Depreciation Expense. But Operating Income should take into account Depreciation Expense.

    The financials have a line below Net Income Line called "Reconciled depreciation" with about $16.7 billion. I do not know what that means (maybe this is how they get to the EBITDA metric) but maybe this is the metric you are looking for.