Facebook announced to everyone in 2018 that it was working on a new VR headset. He then announced that the company’s engineers have completed their work and will be available for sale in 2019 with a price tag of $ 300. and kept its promise on May 21 and released it to the market. However, the company, which was restructured under the umbrella of Meta, achieved a sales success above the expectations in the Oculus Quest store, especially after the emerging Metaverse concept. Here are the details…
Meta announced its income report: Facebook is losing blood!
According to Meta’s 2021 fourth quarter revenue report, Facebook’s daily active users dropped by 1 million.
Meta’s Oculus Quest store revenues exceed $1 billion!
Meta announced the annual revenue of the Oculus Quest store with its last share. According to the sharing, the company was earning an average of 12 million dollars per month in 2020. But by 2021, that number had risen to $51.3 million. However, the total earnings were said to exceed $1 billion.
Of course, according to the latest reports, Meta has been experiencing a large decline in the number of daily active users of Facebook for a long time. In contrast, rival platforms like TikTok are getting bigger every day.
Shares of Meta fell more than 20 percent in after-hours trading on the New York stock market after this report came to light. But despite this, the company has increased its investments in Oculus, which it bought in 2014 to become a part of Metaverse.
Because Meta thinks that in the coming years, it will gain back its lost market share and income, by becoming a kind of monopoly in this field, just like it once did in Facebook. But we’ll all have to wait and see.
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