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It’s kind of funny that meta stock didn’t drop on the vision pro announcement. What does that say about the market’s assessment of meta’s vr/ar prospects?
by pfannkuchen 3y ago
It’s kind of funny that meta stock didn’t drop on the vision pro announcement. What does that say about the market’s assessment of meta’s vr/ar prospects?
- pharmakom 3y agomaybe the odds of meta dropping the whole vr thing have increased? then they can stop lighting piles of money on fire because zuck read snow crash as a teenager? OTOH, maybe apple will show meta how a headset can actually be done and they can mimic their way to product market fit?
- zaptrem 3y agoI much prefer Meta dumping billions into VR rather than targeting ads and worsening teens' depression.
- ulfw 3y agoThe market is hedging it's bets. If Vision Pro will succeed Meta could be seen as the cheap-ass alternative. 3500USD vs 500USD is like Ferrari vs. Kia. Not everyone can afford the former. If Vision Pro doesn't succeed, the market will likely move on from VR completely, leaving Apple and Meta in the same place. Money spent, product introduced, tried, didn't work. Move on.
- zaptrem 3y agoApple has the stubbornness and funds to drive this for a decade, and they will. Apple Vision Air AR glasses are coming even if they don't sell a single Pro unit for five years.
- albert_e 3y agoI actually expected the opposite TBH. Not because Meta had a better product, but Apple putting its might into this product category means that "Meta" is vindicated in investing here -- that there exists / will exist a viable market for this technology in coming years. All the damage done by the poor quality 3D renders of AR/VR worlds from Metaverse -- that made a layperson laugh at the concept of AR/VR -- is probably partly offset by the positive press and marketing budgets that Apple will bring to the table.