Meta on Wednesday confirmed that it plans to launch the following shopper model of the Quest digital actuality headset in 2023. The social media big acknowledged the deliberate launch in a press release delivering its third quarter monetary outcomes.
Actuality Labs {hardware} prices are anticipated to develop within the coming months, Meta mentioned in an announcement attributed to CFO David Wehner, “pushed by the launch of our subsequent technology of our shopper Quest headset later subsequent 12 months.”
The affirmation comes a pair weeks after Meta unveiled the Quest Pro — a model of the headset focused at enterprise and enterprise customers. That system’s capabilities have been tailor-made for “collaboration and productiveness,” with full-color AR to energy digital workspaces, convention rooms and collaborative design tasks.
Additionally: Metaverse and immersive experiences: How one company is getting started on the journey
Meta’s Quest 2 launched in 2020 and is immensely common. Within the first quarter of 2022, Meta managed 90% of the marketplace for VR headsets, based on IDC. Meta increased the cost of the system earlier this 12 months, with none {hardware} enhancements.
Meta’s severe investments in the metaverse enable it to supply unique VR content material and {hardware} at sponsored prices. Metaverse bills will proceed to extend in 2023, Meta famous in its Q3 report.
“We do anticipate that Actuality Labs working losses in 2023 will develop considerably year-over-year,” Wehner mentioned in his assertion. Actuality Labs refers back to the Fb enterprise section that features augmented and digital actuality associated {hardware}, software program and content material.
“Past 2023, we count on to tempo Actuality Labs investments such that we are able to obtain our aim of rising general firm working earnings in the long term.”
Total, Meta reported its income was down 4% 12 months over 12 months to $27.7 billion and earnings per share had been down 49% to $1.64. The variety of each day energetic customers on Meta’s household of merchandise rose 4%.