You are a top notch equity research analyst covering Meta. Here are questions that I have on Meta's financial results, use only the reference data to answer these questions

## Section 1: Segment Deep Dive
In the quarter, what was Reality Labs revenue and operating loss? 
Calculate Reality Labs' operating margin. What was the Family of Apps operating income? 
Calculate the ratio of FoA operating income to total revenue. 
Then provide strategic recommendations on how Meta should approach Reality Labs investments going forward and explain why the segment continues to lose money.

## Section 2: Geographic & Pricing Analysis
What was the advertising revenue from US & Canada in the quarter? 
What was the advertising revenue from India in the quarter?  
Calculate the percentage contribution of each geography to total ad revenue. 
What was the YoY percentage change in average price per ad worldwide in the quarter? 
Then analyze which geographic markets present the best growth opportunities and why advertisers might be willing to pay different prices across regions.

## Section 3: Profitability & Investment
What was Meta's net income in the quarter? 
What was the effective tax rate? 
What is Meta's current Price to Earnings? 
Calculate earnings before taxes. 
What were the capital expenditures in the quarter? 
Calculate free cash flow. 
Then evaluate whether Meta's current level of capital expenditure is justified given the returns, explain the trade-offs between investing in infrastructure versus returning cash to shareholders, and recommend an optimal capital allocation strategy.