Meta confirms the next consumer Quest VR headset is coming in 2023

Meta on Wednesday confirmed that it plans to launch the following client model of the Quest digital actuality headset in 2023. The social media large 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 stated in a press release attributed to CFO David Wehner, “pushed by the launch of our subsequent technology of our client Quest headset later subsequent yr.”

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.

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Meta’s Quest 2 launched in 2020 and is immensely fashionable. 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 yr, with none {hardware} enhancements. 

Meta’s severe investments in the metaverse enable it to supply unique VR content material and {hardware} at backed 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 stated in his assertion. Actuality Labs refers back to the Fb enterprise phase 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 objective of rising total firm working earnings in the long term.”

General, Meta reported its income was down 4% yr over yr to $27.7 billion and earnings per share had been down 49% to $1.64. The variety of every day lively customers on Meta’s household of merchandise rose 4%.