Apple's privacy policy changes have already cost other big tech firms nearly $10 billion in lost ad revenue. Research firm Lotame reports that Snap, Facebook, Twitter, and YouTube have lost a combined $9.85 billion thus far in the third and fourth quarters.
As third-quarter reports roll out, the full effect of the Apple privacy changes to iOS are beginning to be measurable. The early report is that the ad revenue impact is very different for different companies.