Didn't Meta invest big into the Metaverse, then back track on that, was it $20 billion.
I'd like for these investments to pay off, they're bold but it highlights how deep the pockets are to be able to invest so much.
I'd like for these investments to pay off, they're bold but it highlights how deep the pockets are to be able to invest so much.
They're already doing something like ~$500M/year in Meta Quest app sales. Granted not huge yet after their 30% cut, but sales should keep increasing as the headsets get better.
more like 40, yes