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by lekevicius 1428 days ago
I've always felt they did Xbox / PlayStation strategy, selling headset below cost and earning on game store fees.

Perhaps the math is not working out?

3 comments

> Perhaps the math is not working out?

Bad sign for a company betting it all on "the metaverse".

They’re losing 3 billion a quarter on their vr business. Earnings this week, I suspect that number will be even higher. They’re doing the Uber strategy right now, pay customers to use your product hoping to lock them in.
Literally everything is $20+ on their store, with very little demo-like content. The software isn't worth $20+...