Facebook parent Meta raises price of its Quest 2 VR headset by $100

2 years ago 119


In this text

Facebook discern Meta has raised the price of its Quest 2 digital reality headset by means of $100, as the business enterprise reckons with inflationary pressures.

Meta announced the fee boom on Tuesday thru a Twitter submit.

Starting Aug. 1, the 128 GB version of the Quest 2 will value $399, even as the 256 GB version will price $499, Meta stated.

The company stated it hiked the price of the VR headset "so as to hold investing in transferring the VR enterprise ahead for the long time."

Meta brought in a company blog publish that "the fees to make and deliver our products have been on the upward push."

"By adjusting the price of Quest 2, we can continue to grow our funding in groundbreaking research and new product development that pushes the VR enterprise to new heights," Meta said.

In the first zone, Meta's Reality Labs division, which includes VR headsets, stated revenue of simply $215 million, in comparison to Facebook's $27 billion in advertising income. Meanwhile, Reality Labs recorded an operating loss of $2.Ninety six billion. 

Meta is predicted to have shipped over 10 million Quest 2 headsets in 2021 topping different corporations that sell VR headsets like Sony and HTC, in accordance to analyze by analyst company Counterpoint. The organization stated that Quest 2's tremendously reasonably-priced price of $299 made it greater attractive to purchasers.

Meta CEO Mark Zuckerberg has said he is pushing the enterprise to the metaverse, a virtual world wherein he envisions consumers running and playing inside the next decade.

WATCH: The advertising market is softening

Got a confidential information tip? We need to pay attention from you.

S up totally free newsletters and get more CNBC introduced on your inbox

Get this added in your inbox, and greater data about our products and services. 

© 2022 CNBC LLC. All Rights Reserved. A Division of NBCUniversal

Data is a actual-time photo *Data is delayed as a minimum 15 mins. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Data additionally furnished by

Read Entire Article