Meta will release a new Oculus Quest virtual reality (VR) headset this autumn, according to company founder Mark Zuckerberg in an Instagram post in June.
The Quest 3 headset is the successor to the Quest 2 and Quest Pro headsets.
The Quest 3 announcement, according to Meta’s chief technology officer Andrew Bosworth, known as “Boz,” was scheduled in early July to assist people plan for holiday shopping. More information will be released during the Meta Connect conference in September.
Meta joined the VR sector in 2014 when it paid $2 billion in cash and equity to buy Oculus VR from creator Palmer Luckey. The Oculus VR headset has been renamed the Meta Quest.
However, Meta has failed to make a profit from its VR offers. Reality Labs, which created the Quest Pro and is developing its metaverse business, lost $13.7 billion in 2022.
The Quest Pro has received mixed reviews, and sales have been disappointing. To increase sales, the business reduced the price of its VR headsets earlier this year.
What is the Meta VR set for?
Hundreds of games and other VR material are available through Meta’s VR headsets. The headsets are also required to access the company’s metaverse idea, which is a general term for a virtual world of linked digital, simulated-reality experiences where people may purchase, network, and watch entertainment.
Is Meta coming out with a new VR headset?
The third installment of Meta Quest will be published this fall. According to the business, it will be a 128GB virtual and mixed-reality headset with sharper resolution, stronger performance, “breakthrough Meta Reality technology,” and a thinner, more comfortable design than Quest 2.
Is Meta replacing Oculus?
Soon after buying Oculus in 2014, Meta dubbed the Oculus VR headset the Meta Quest. Meta has now developed the Quest 2 and Quest Pro headsets, and the Quest 3 will be available later this year.
How much will Meta VR cost?
The Quest 3 will be priced starting at $499.99. Meta has reduced the price of the Quest 2 to $299.99 for 128GB and $349.99 for 256GB models. In addition, the business just reduced the price of Quest Pro from $1,500 to $1,000.
Why is Meta VR so expensive?
Because virtual reality is still a relatively new technology, there are significant R&D expenses. Meta’s VR offers have been losing money, with a projected loss of approximately $14 billion by 2022. In addition, the business aspires to compete with Apple and other companies in the virtual and mixed-reality industries.
Is Meta virtual reality really worth it?
The decision to buy a Meta VR headset is entirely personal. The headsets, however, are required to access the metaverse and its library of Meta games and other information.
