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It is 7x the price of Quest 3, which to me means very different product vision, Ferrari vs Nissan different.

Aside from that, pretty sure Apple is not subsidising this headset, whereas Meta is.

~$4000 vs. ~$400

There is space for both, this will actually help Occulus if it strengthens the supply chain and makes better apps available for them.

Yeah. The value prop of the Quest 2 is really good as far as a hardware product, but the cohesive product vision for AR/VR that Apple just presented is far beyond anything Meta has shown to the public.

At least for now, the Quest is going after a much different market being 7-10x cheaper.