this post was submitted on 25 Apr 2024
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Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 0 points 4 months ago (3 children)

It's sort of like how YouTube ran at a loss for a long time. The idea is to get ingrained in the market and make up the money later.

Right now Meta has the best VR / AR that is easily accessible. If some new idea or technology catapults VR into a more popular position, then Meta is in a prime position to take advantage.

Will that happen? I don't know, but Meta seems to think so.

[–] [email protected] 1 points 4 months ago

Meta is the only reason I’m staying away from their AR/VR headsets. If it was any other company, I would have jumped in by now.

[–] [email protected] 1 points 4 months ago

Right now Meta has the best VR / AR that is easily accessible.

Too bad the company is absolute garbage. I'm not even willing to look at their 'products' anymore.

Particularly with articles like this around:

https://observer.com/2024/03/meta-facebook-compete-snapchat-class-action-document/

[–] [email protected] 0 points 4 months ago (1 children)

I don't think the technology is there yet. As long as people need to wear big bulky goggles and headsets it's not going to take off. Make something that's about as cumbersome as sunglasses and less than $1000 and there might be mass adoption.

[–] [email protected] 0 points 4 months ago* (last edited 4 months ago) (1 children)

March 2023 they sold 20M Quests. Half as many as PS5. That counts as "taken off" in my book.

[–] [email protected] 0 points 4 months ago

Wow, I'm shocked it's that high. I've never heard of someone using one.