Companies are starting to report their most recent quarterly financial reports…and there’s some good news, mediocre news, and not-so-hot news. Let’s dive into some of the most prominent reporting.
Snap Sees the Cash
For the first time in company history, Snap reported $1.3 billion in revenue in Q4 2021. Since going public in 2017, Snap has faced a rather tumultuous journey to the rise of success. It’s nice to see that investors are finally reaping the reward…will they snap a photo of a stack of cash to their Story?
Nintendo Switches It Up
Just like Donkey Kong, Nintendo has proven that the Switch is a force to be reckoned with. Switch sales recently surpassed Wii sales in only 5 years. Seemingly, Nintendo has not been too affected by the chip shortage, as they sold nearly 11 million units during the most recent holiday quarter. Unfortunately, Sony only managed to ship 3.9 million units in the same period.
Facebook Fumbles
The beloved social platform of grandmothers all across the globe reported a loss of daily users for the first time in company history. To add salt to the wound, they also set the record for the largest one-day value drop in stock market history.
Yikes, Zuck. If you happen to be looking for a new gig, check out the Partnership Leaders Job Board – we’ve got you covered.
Not yet subscribed to the PL;DR? Sign up for your weekly dose of hot takes on tech, partnerships, and global news.
The PL;DR is brought to you in partnership with Allbound, Crossbeam, Pandium, Partnered, and Reveal.
Join The 1850+ Leaders Transforming Partnerships
As a member of Partnership Leaders you will:
- Build and learn with the top partner people at the best companies around the world.
- Increase your impact and accelerate your career with proven resources, tools, and best practices.
- Grow a network of peers, partners, and advisors with common objectives.
