this post was submitted on 25 Apr 2024
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Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com)
submitted 6 months ago by ylai@lemmy.ml to c/technology@lemmy.world
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[–] Vash63@lemmy.world 3 points 6 months ago

That's because they're losing billions selling it. If it cost what it actually took to produce it wouldn't be the best on the market anymore, they're trying to bully out players who can't afford to lose billions for years until they're in total control.