• Meta Confirms Lower Quest Sales, Says New VR Headsets Must Deliver “major breakthroughs”

    Meta Confirms Lower Quest Sales, Says New VR Headsets Must Deliver “major breakthroughs”
    According to Meta’s recent quarterly earnings report, Quest headset sales are declining, however AI glasses are growing fast enough to partially offset a slump in Reality Labs revenue. And moving forward, the company says only the “major” VR breakthroughs will warrant productization.The News“Within our Reality Labs segment, Q3 revenue was $443 million, down 6% due to lower Quest headset sales, which were partially offset by continued strong growth in AI glasses revenue,” Meta CFO Susa