meta revenue – spatialcomputing.info

Meta’s XR Revenue Down 39% “due to lower Quest 2 sales,” as Quest 3 & Vision Pro Loom

Quest 3 (left) and Apple Vision Pro (right) | Based on images courtesy Meta, Apple

Meta’s latest quarterly results show its Reality Labs XR division is again reporting an operating loss just south of $4 billion. Now, for its Q2 2023 results, the company says Reality Labs’ revenue was down by 39% due to lower Quest 2 sales, making for the worst quarterly performance in the past two years. Meta […]

Road to VR & Scott Hayden

27. Juli 2023

40 Quest Titles Report Over $10M in Revenue, $1.5B Spent on Quest Store Games & Apps

Meta today revealed at Game Developers Conference (GDC) a fresh bit of insight into Quest Store stats. We’re hoping to hear more detailed info soon, but this is what Meta has said thus far. The company says in a developer blog post there are now 500+ titles available on the Meta Quest Store, 40 of which […]

Road to VR & Scott Hayden

22. März 2023

Meta Reality Labs Earnings Reveal a Less Successful Holiday Season & Highest Operating Costs Yet

Meta today revealed its latest quarterly earnings results, showing that Reality Labs, the company’s XR and metaverse arm, had a smaller holiday season than the last, while operating costs have reached their highest levels yet. Today during the company’s Q4 earnings call, Meta revealed the latest revenue and operating cost figures for its XR and […]

Road to VR & Ben Lang

1. Februar 2023

Meta Reality Labs Latest Revenue & Operating Cost Figures Aren’t Going to Make Investors Happy

In Meta’s most recent quarterly earnings call the company shared the latest revenue figures of Reality Labs, the company’s XR division. In the third quarter of the year the division hit new milestones… unfortunately not the kind investors like to see. Meta has been clear about its plan to spend aggressively on its XR initiatives […]

Road to VR & Ben Lang

26. Oktober 2022