Facebook warns investors of iOS 14.5 headwinds
(iMore iPhone)

Facebook says its advertising revenue will grow all year, however. What you need to know Facebook has warned it expects to face headwinds in advertising this year because of iOS 14.5. Despite this, it is predicting a full year of revenue growth. Apple release iOS 14.5 and the option to opt-out of tracking this week. Facebook has told investors it expects to face headwinds in advertising revenue thanks to changes made in iOS 14. In its Q1 21 financial highlights the company reported a `strong quarter` and revenue of over $25 billion, up 46% on the same period last year. Facebook also says that it had nearly 1.9bn daily active users in March, and more than 2.8bn monthly active users. Looking ahead, Facebook warned that iOS 14.5 and a new opt-in prompt for user tracking was one of the `headwinds` it was expecting to run into this year: We expect second quarter 2021 year-over-year total revenue growth to remain stable or modestly accelerate relative to the growth rate in the...