Metaverse Earnings Preview: Is Snap part of the Meta




Metaverse Earnings Preview – First Up: Snap Inc. (SNAP)

Snap, the fast-growing company that makes the popular messaging app, said Thursday it would sell advertising time sold to it by third-party platforms to other users, beginning with Facebook Inc. (FB) - Get Report.\r

The Snap unit will offer the so-called \"boost\" events to its creators, in a bid to help them reach new users.\r

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The company aims to connect with 3 billion people per month, with a focus on young people. 

It also said Thursday that it plans to add at least two more news anchors, a move that should make

Snap CEO and co-founder Evan Spiegel says the company has achieved profitability. 

In a call with analysts, Spiegel cited “record” sales of Spectacles, sales of users’ data and “solid” same-store sales in the quarter. 

Snap, which went public in 2017, said sales rose to $645.8 million in the quarter, up from $96.5 million last year.\r

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“We said we’d go public when we achieved profitability, which we did,” Spiegel said on the call. \

Snap earnings preview: Snap's first quarter 2019 call: Snap's Q1 2019 strength was driven by revenue growth, cost cuts and metrics improvements, and now Snap looks ahead to its next big step.

Snap, the “message” app that connects people through photo and video storytelling, today announced that it plans to introduce a messaging product for its direct-to-consumer platform called Spectacles. 

The company said Spectacles, which will launch in public beta this fall, includes a pair of glasses that can take a photo or live stream during a 12-second delay, freeing you to share life’s moments with friends and family in a new way.

Snap’s earnings preview for the first quarter of 2020, which was released on February 13th, 2020, reported $1.30 per share in profits on a GAAP basis, up from $0.89 a year ago.



What do SNAP reports Thursday include?

SNAP will announce its monthly crop production report on Thursday morning. 

The report, which is typically published on the third Thursday of each month, gives the acreage and yields of the nation’s corn, soybean and cotton crops, among other data, and the trade conditions in each of those commodities.

For anyone looking to learn more about SNAP, it is important to note the difference between this report and the monthly State of the Climate report, which gives a summary of all the climate science data each month. 

State of the Climate reports are developed for the American Meteorological Society by the AGU, an organization for which The Science Guy is a volunteer.

SNAP is issued every Thursday, and provides national and international information on food and nutrition security.

The statement comes as the Trump administration considers cuts to SNAP, which was expanded under former President Barack Obama to include a larger array of food products. 

It was a controversial move that had drawn protests from farmers, dairy and meat producers, nutrition and grocery store companies and food banks.



Two Categories of Metaverse Plays

Virtual Reality Metaverse (VRM) 2. Augmented Reality Metaverse (ARM) 3. Mixed Reality Metaverse (MRM) 4. Virtual Reality (VR) 5.

The Complex Metaverse: a Metaverse that is experienced entirely through a computer or other digital media, such as a smartphone. 

Players can interact with this metaverse through a virtual world with the assistance of a computer or a headset that displays a virtual world in a heads-up display. 2. 

The Personal Metaverse: a Metaverse that is experienced entirely in the physical world, such as through the use of a Microsoft HoloLens.

The Metaverse as an Interactive Work of Art – Greg Egan

Metaverse games that map physical space to a virtual environment and are primarily concerned with efficient navigation of a three-dimensional space. 2. 

Maptronix games that map physical space to a virtual environment and are primarily concerned with interaction, including social interaction. 2.1.

The first category, “immersive metaverse,” is more analogous to the real world than “augmented metaverse.” 2. The second category, “transcendent metaverse,” is more like what we might refer to as a “true metaverse.”


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