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After Lower Sales Of Quest 2 Led To Loss At Reality Labs, Meta Reportedly Cuts Quest 3 Shipment Forecast By 5-10%
Friday, October 27, 2023 - 10:13pm | 636Following a $3.7 billion operating loss primarily linked to decreased Quest 2 sales, Meta Platforms Inc.’s (NASDAQ:META) Reality Labs has reportedly cut its shipment forecast for Quest 3 by 5-10%. What Happened: On Friday, Ming-Chi Kuo, an analyst at TF International Securities, said that...
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Meta's Metaverse Dreams Sour As Reality Labs Records $3.7 Billion Loss — Quest 2 Sales Slump
Thursday, October 26, 2023 - 6:29am | 628Meta Platforms Inc.’s (NASDAQ:META) Reality Labs has reported a $3.7 billion operating loss in its latest financial report, primarily attributed to decreased Quest 2 sales, shedding light on the financial challenges faced by Mark Zuckerberg’s ...
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Mark Zuckerberg Says Meta Quest 3 Will Be The First Easily Accessible Mainstream VR Headset
Thursday, July 27, 2023 - 5:46am | 609During Meta Platforms Inc.’s (NASDAQ:META) second-quarter earnings call, Mark Zuckerberg said that Quest 3 would become the first mainstream accessible device bridging the gap between the physical and virtual worlds, despite others in the industry like ...
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How Does Apple's Vision Pro Compare With Meta's Quest 3?
Tuesday, June 6, 2023 - 1:14am | 978The battle of augmented reality or AR and virtual reality or VR headsets heats up as Apple Inc.’s (NASDAQ:AAPL) Vision Pro and Meta Platforms Inc.’s (NASDAQ:META) Quest 3 takes the stage. With both tech giants vying for dominance in the...
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Facebook Parent To Open Interactive Metaverse Store In California Amid Criticism Over Virtual Creator Tax
Monday, April 25, 2022 - 10:30pm | 503Meta Platforms Inc (NASDAQ: FB) will open a metaverse-themed interactive store in Burlingame, California. What Happened: The company said on Monday the store would open on May 9 to give users a “hands-on experience” with the hardware. Users can make video calls...