Meta announces significant value cuts for its VR headsets

Meta announces significant value cuts for its VR headsets


The Meta’s Quest Pro headset which according to the organization has outward-going through cameras that seize the user’s actual physical natural environment in full color and allow the overlay of virtual elements like 3D styles, drawings and screens, is witnessed in this undated handout photograph.

Meta | via Reuters

Meta will slash the charges of its Quest 2 and higher-conclude Quest Professional headsets, the organization declared Friday.

The selling price of the Meta Quest 2 will fall from $499.99 to $429.99, when the price of the better-end Meta Quest Pro will be slashed to $999.99 from $1,499.99.

Meta missing $13.7 billion on its Actuality Labs section in 2022. That’s the small business unit responsible for setting up the company’s formidable metaverse technologies. Fact Labs produced $727 million in the fourth quarter, and $2.16 billion in income for all of 2022 — a drop from $2.27 billion in 2021 — which includes product sales of Quest headsets. 

The Meta Quest Pro 2 was declared in November, but its large cost place it out of access for most consumers. And there failed to seem to be to be a obvious expert use circumstance possibly. The reduce value could make it more beautiful to both equally audiences.

“Our aim has constantly been to build components which is affordable for as a lot of men and women as possible to get benefit of all that VR has to present,” the business claimed in a launch. The cost changes will begin rolling out on March 5 for the Meta Quest 2.

U.S. and Canadian buyers will also see the Quest Pro’s new price tag on March 5. Its selling price will fall for the relaxation of the entire world on March 15.

CNBC’s Ari Levy contributed to this report.



Resource

Judge finalizes remedies in Google antitrust case
Technology

Judge finalizes remedies in Google antitrust case

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. Andrew Kelly | Reuters A U.S. judge on Friday finalized his decision for the consequences Google will face for its search monopoly ruling, adding new details to the decided remedies. Last year, Google was […]

Read More
Rubrik stock rips 22% higher after blowing out earnings and boosting guidance
Technology

Rubrik stock rips 22% higher after blowing out earnings and boosting guidance

Rubrik shares soared 22% on Friday after the data management company posted blowout fiscal third-quarter numbers and boosted guidance. The stock, which debuted on the market in April 2024, had its second-best day on record. Revenue jumped 48% from a year earlier to $350 million, topping the $320 million average analyst estimate, according to LSEG. […]

Read More
Amazon had a very big week that could shape where its stagnant stock goes next
Technology

Amazon had a very big week that could shape where its stagnant stock goes next

Amazon made plenty of news this week — from advances in the cloud business to questions about its partnership with the U.S. Postal Service — leaving investors with a lot to digest. The flurry of headlines comes at the end of a challenging year. The e-commerce and cloud giant’s stock is up 4.6%, compared to […]

Read More