Comment on Meta spent $4.3 billion on its VR division in three months, and made *checks figures* $440 million in return

kava@lemmy.world ⁨6⁩ ⁨months⁩ ago

It’s sort of like how YouTube ran at a loss for a long time. The idea is to get ingrained in the market and make up the money later.

Right now Meta has the best VR / AR that is easily accessible. If some new idea or technology catapults VR into a more popular position, then Meta is in a prime position to take advantage.

Will that happen? I don’t know, but Meta seems to think so.

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