this post was submitted on 25 Apr 2024
414 points (93.9% liked)
Technology
58303 readers
10 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You reckon Apple made money on it's VR division either?
Almost nobody is making big money on VR, because nobody wants to work together to make it into a widely compatible common standard. If you could have one headset that worked on all platforms, for a reasonable price, you'd get a lot more take up, and nicer headsets costing more would make more sense.
Meta is valued at 1.12 Trillion, which, sure, is only ~1/2 of Apples 2.6 Trillion... but Meta could invest in VR for the next 20 years without feeling the pain.
I do love my Q2 and Q3, and hope they keep pushing VR forward, which is the main (maybe only) reason i was happy to see apple join the competition.
Take a look at Meta revenue numbers, they can afford billions in R&D investment just fine. I'm not sure what market share you're talking about but there's plenty of money for them to afford the VR research they do.