Giant leap from Meta: VR subscription service!

Facebook owner Meta has launched a virtual reality (VR) subscription service as it tries to make the space it hurts profitable.
 Giant leap from Meta: VR subscription service!
READING NOW Giant leap from Meta: VR subscription service!

Meta failed to produce the desired effect in the virtual reality field. Now he is focusing on licking his wounds in this area. According to the latest news, Meta has launched a VR subscription service. It has been announced that two new games will be offered per month to users who make the necessary payment. Can the service, called Meta Quest +, break Meta’s misfortune in the virtual reality (VR) space?

Meta will offer VR subscription service!

In the first three months of the year, the giant company suffered a loss of $ 4 billion in its VR unit. That’s why, of course, Meta now places more emphasis on virtual reality. In addition, it is necessary to compete with other companies. Meta is facing competition from companies including tech giant Apple, which unveiled its highly anticipated mixed reality headset this month.

On Monday, the company said its Meta Quest+ service, which costs $7.99 per month or $59.99 for an annual subscription, is also compatible with the already-released Quest 2, Quest Pro, and also the upcoming Quest 3 titles.

In 2021, Meta CEO Mark Zuckerberg announced plans to build a “meta universe”, an online world where people can play, work and communicate in a virtual environment, often using virtual reality headsets. “I hope that over time we will be seen as a metaverse company, and I want to base our work and identity on what we are building,” Zuckerberg said. said.

In February last year, Meta unveiled several ambitious AI projects, and Meta CEO Mark Zuckerberg described AI as “the key to unlocking the meta universe.” The company reported a profit of $5.7 billion in the first three months of this year, exceeding market expectations. But on the other hand, Meta’s Reality Labs division, which produces VR headsets and other products, reported a net loss of $4 billion for the period.

Earlier this month, Apple unveiled the Vision Pro mixed reality headset at the first major hardware launch in almost a decade. Apple’s title, which will launch in the US early next year, will be available for $3,499. Meta’s VR headsets, on the other hand, are priced between $299.99 and $999.99. This shows that Apple has far exceeded the price difference.

So what do you think about this news? Do not forget to share your thoughts with us in the comments section.

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