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How Meta Turned a Simple Accounting Tweak Into a $2.9B Payday
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Subscribe14 FEB 2025 / ACCOUNTING & TAXES
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Meta Platforms has adjusted its accounting methods by extending the lifespan of its servers and networking equipment, potentially adding an extra $2.9 billion to its 2025 profits. This strategic manoeuvre cushions expenses as the company ramps up its spending by 75% on its AI developments, pitting it against competitors such as Microsoft, Google, Amazon, and OpenAI.
“Sometimes, it’s not about what you do, it’s how you account for it.”Meta Platforms just pulled a financial move that’s turning heads on Wall Street. No flashy new products, no massive job cuts, just a tweak in how they account for the lifespan of their A...
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