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Meta Hopes Apple Vision Pro Will 'Reinvigorate' Headset Space


Meta is "optimistic" that the launch of Apple Vision Pro will help reinvigorate the headset market and drive more users towards its Quest...

Three years on and after pouring $50 billion into investment, Meta's Quest devices barely count as 1% of the social media company's revenue, and the metaverse remains a largely nebulous concept that has so far failed to capture the imagination of customers. But with the February 2 launch of the ‌Apple Vision Pro‌ just days away, executives at Meta are viewing Apple's entry into the market as a potential validation of CEO Mark Zuckerberg’s AR/VR gamble that could draw more consumers into the headset space, according to sources who spoke to WSJ. Meta is hoping that software makers will be inspired to develop apps that increasingly draw users into the space, enabling more people to experience the new virtual environments, with the company's sub-$500 Quest devices offering a more affordable alternative to Apple's high-end $3,499 headset.

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