I just bought the quest 2.

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DaveWLF
2023-06-02

I just bought the quest 2.

Why Did Meta Platforms Stock Jump 3% on Thursday

The Facebook parent unveiled its Quest 3 mixed-reality headset.

Why Did Meta Platforms Stock Jump 3% on Thursday

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Priced at $499, the new headset is 40% thinner than the Quest 2 and is said to be more comfortable and offer better display resolution.</p><p>The new device will be available this fall, and the company said more details would come at its Connect conference on Sept. 27. Meta also plans to lower the prices of its Quest 2 device. </p><p>The announcement seemed to remind investors that VR headsets could finally be ready for prime time, especially as Apple is expected to launch its own device at its Worldwide Developers Conference later this month.</p><p>Apple hasn&#39;t yet publicly commented on its headset, but a report by Bloomberg said it could carry a price tag around $3,000, clearly targeting a different market from Meta.</p><h2>Now what</h2><p>The VR headset market is still small with 8.8 million sold last year, according to IDC, and Meta is the clear leader with nearly 80% of that market. Apple&#39;s headset launch will be the first major test of Meta&#39;s leadership, but Meta has a clear first-mover advantage here.</p><p>Meta stock has soared this year, but shares are starting to look pricey, especially as growth has stalled due to a lull in the advertising market. But if the Quest 3 -- which blends aspects of the physical world with the virtual world -- catches on, the stock could easily have another leg up as investors seem to have been ignoring that emerging business.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did Meta Platforms Stock Jump 3% on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Priced at $499, the new headset is 40% thinner than the Quest 2 and is said to be more comfortable and offer better display resolution.The new device will be available this fall, and the company said more details would come at its Connect conference on Sept. 27. Meta also plans to lower the prices of its Quest 2 device. The announcement seemed to remind investors that VR headsets could finally be ready for prime time, especially as Apple is expected to launch its own device at its Worldwide Developers Conference later this month.Apple hasn't yet publicly commented on its headset, but a report by Bloomberg said it could carry a price tag around $3,000, clearly targeting a different market from Meta.Now whatThe VR headset market is still small with 8.8 million sold last year, according to IDC, and Meta is the clear leader with nearly 80% of that market. Apple's headset launch will be the first major test of Meta's leadership, but Meta has a clear first-mover advantage here.Meta stock has soared this year, but shares are starting to look pricey, especially as growth has stalled due to a lull in the advertising market. But if the Quest 3 -- which blends aspects of the physical world with the virtual world -- catches on, the stock could easily have another leg up as investors seem to have been ignoring that emerging business.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}