Facebook’s ranking for app downloads drops to new record low
digitalinformationworld.com
digitalinformationworld.com
Facebook is post growth stage and is probably at the point where it’s already hit, or close to hitting its peak market share. Most Facebook users have already installed the app and only ever need to reinstall it if they switch phones. Those that haven’t installed it/don’t use Facebook are unlikely to convert to new users at this point
Nobody expects FB to add billions of additional users, because that is close to impossible. Investors expect FB to instead defend its user base against new competitors, and to increase revenue per active user.
The p/e ratio of Meta reflects this expectation: it is conservatively low right now. If you use the distorted tech-company standards, it is even ridiculously low.
However, they’ve made some annoying changes to Messenger that force you to download the app for basic things like checking your marketplace messages, even if you have no desire to interact via that app.
that also mean young generation doesn't participate in maintaining the rate of new installs
facebook dies by demography
Some of that moved to Instagram but not for us. No Facebook makes me much happier.
I think we're still outliers but I do think this is becoming more common. Smarter people understand what's underlying these networks and try to avoid them.
WhatsApp was the second. Instagram was the third.
I bet the fourth will blow your mind...
It's Facebook Messenger.
AppAnnie is the source, but you could use Facebook earnings as the source too as they reported 2.9B active users last quarter.
Only two companies in the world have apps that scale to 2+ billion users. Google and Facebook.
Does the download-chart consider the pe-installed ones, e.g., though updates?
No - never seen Facebook pre-installed on any phone I’ve bought
18 versus 41 is a pretty big difference.