"They build stuff like Air Pods, which are cool, but they've just thoroughly hamstrung the ability for anyone else to build something that can connect to the iPhone in the same way," Zuckerberg said.
Meta's business has recovered from its downdraft that followed the iOS changes, due mostly to the company's investments in AI and the new capabilities they've provided to advertisers. In January, the company reported $160.6 billion in advertising revenue for 2024, up nearly 40% from 2021. The company's shares have been on a huge upswing since a brutal 2022, quadrupling over the past two years and closing at a record $728.56 on Thursday.