Twitter, Google POOP on Snap
Remember when we said that Facebook (FB) earnings show that Snap (SNAP) is in REAL trouble?
Well, we got more confirmation of that with Twitter’s (TWTR) earnings last night.
To back up a big… Apple (AAPL) made changes to its privacy policies that make it more difficult for online advertisers to track people using iOS devices.
Many people feared this decimate the online advertising industry.
Turns out… this didn’t really impact Facebook.
And what did Twitter say last night?
So like Facebook, Twitter did not see much of an impact.
And what did Google (GOOGL) say about the iOS change’s effect on YouTube?
A ‘modest’ impact on YouTube ads.
So apparently, Facebook, Twitter, and YouTube saw a very small impact from the changes to Apple’s iOS privacy policies.
And SNAP saw a big impact.
So what’s that tell you?
To us… it sounds like SNAP is just falling farther and farther behind…
P.S. Want to talk about SNAP and other stocks LIVE? Check out the ApesRT Discord server!