▲ 410 ▼ Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com) submitted 2 years ago by ylai@lemmy.ml to c/technology@lemmy.world 99 comments fedilink hide all child comments
[+] thorbot@lemmy.world -9 points 2 years ago (2 children) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] Smokeless7048@lemmy.world 12 points 2 years ago Meta is valued at 1.12 Trillion, which, sure, is only ~1/2 of Apples 2.6 Trillion... but Meta could invest in VR for the next 20 years without feeling the pain. I do love my Q2 and Q3, and hope they keep pushing VR forward, which is the main (maybe only) reason i was happy to see apple join the competition. permalink fedilink source parent [–] ultranaut@lemmy.world 5 points 2 years ago Take a look at Meta revenue numbers, they can afford billions in R&D investment just fine. I'm not sure what market share you're talking about but there's plenty of money for them to afford the VR research they do. permalink fedilink source parent
[–] Smokeless7048@lemmy.world 12 points 2 years ago Meta is valued at 1.12 Trillion, which, sure, is only ~1/2 of Apples 2.6 Trillion... but Meta could invest in VR for the next 20 years without feeling the pain. I do love my Q2 and Q3, and hope they keep pushing VR forward, which is the main (maybe only) reason i was happy to see apple join the competition. permalink fedilink source parent
[–] ultranaut@lemmy.world 5 points 2 years ago Take a look at Meta revenue numbers, they can afford billions in R&D investment just fine. I'm not sure what market share you're talking about but there's plenty of money for them to afford the VR research they do. permalink fedilink source parent