Page 123 - Quest Pro News Today

(Reuters) - Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's overall costs by a fifth in the third quarter.

Wall Street is losing patience over Meta boss Mark Zuckerbergs enormous and experimental bets on his metaverse project that helped drive up the companys overall costs by a fifth in the third

Zuckerberg addressed it as "the next generation of our consumer Quest headset." The next generation of Meta's Quest has been confirmed, and it will be coming in 2023.

We've been putting Quest Pro through its paces for the past few days - here's what we think.

Meta's Reality Labs division has lost more than $9bn this year and is expected to have further losses in 2023.

Meta's results just keep getting worse.

During the company’s earnings call and Q&A session on Wednesday, Meta CEO Mark Zuckerberg indicated to investors that the next gen consumer Quest headset would be released in 2023.

During the company's latest earnings call, CFO Dave Whener said "the next generation of the consumer Quest headset" will release "later next year".

Buried in Metas earnings call, which has caused a stock plummet, is a clear sign of when to expect a new Quest headset thatll cost $300-$500 instead of $1,500.

Meta plans to launch consumer-grade virtual reality headset next year