Facebook announced to everyone that it is working on a new VR headset in 2018. He then announced that the company’s engineers have completed their work and will be available for sale in 2019 with a price tag of $ 300. and on May 21, it kept its promise and launched the device. However, the company, which was restructured under the roof of Meta, achieved a sales success above the expectations in the Oculus Quest store, especially after the Metaverse that emerged. Here are the details…
Facebook’s Oculus Quest store revenues exceeded $1 billion!
Meta announced the annual revenue of the Oculus Quest store with its last share. According to the sharing, the company was earning an average of 12 million dollars per month in 2020. But by 2021, that number had risen to $51.3 million. However, the total earnings were said to exceed $1 billion.
Of course, according to the latest reports, Meta has been experiencing a large decline in the number of daily active users of Facebook for a long time. In contrast, rival platforms like TikTok are getting bigger every day.
Shares of Meta fell more than 20 percent in after-hours trading on the New York stock market after this report came to light. But despite this, the company has increased its investments in Oculus, which it bought in 2014 to become a part of Metaverse.
Because, thanks to Oculus Quest, Meta thinks that in the coming years, just like Facebook once did, it will become a kind of monopoly in this field and gain back its lost market share and revenue, many times over. But we’ll all have to wait and see.
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