this post was submitted on 25 Apr 2024
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Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com)
submitted 4 months ago by ylai@lemmy.ml to c/technology@lemmy.world
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[–] Smokeless7048@lemmy.world 12 points 4 months 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.