Mark Zuckerberg Unveils Meta Quest 3 VR Headset Priced at $499, Shares Jump 3%


In comparison with Quest 2, the brand new Meta Quest 3 comes with a 49 p.c slimmer optic profile, thus a extra snug headset for customers.

Meta Platforms Inc (NASDAQ: META) Chief Government Officer Mark Zuckerberg unveiled the corporate’s next-generation digital and combined actuality headset dubbed Meta Quest 3. In accordance with the announcement, Meta Quest 3 is an improve of its predecessor with larger decision, stronger efficiency, and far more Meta Actuality expertise. The corporate famous that the Meta Quest 3 is predicted to hit the market later this yr at a beginning worth of $499 for the 128 GB headset.

In the meantime, the corporate added that it’ll provide extra storage at an undisclosed payment. The corporate teased that extra particulars shall be launched throughout this yr’s Meta Join which is scheduled on September 27.

Meta Quest 3 Particulars

In accordance with the corporate, Meta Quest 3 has mixed the very best decision show and pancake optics to supply one of the best content material high quality for its customers. Moreover, Meta Quest 3 has featured the next-generation Snapdragon chipset developed in collaboration with Qualcomm Included (NASDAQ: QCOM). For comparability functions, the Meta Quest 3 has greater than twice the graphics efficiency of the Snapdragon GPU in Quest 2.

“Now you may play a digital board recreation in your kitchen desk with Demeo, beautify your lounge with digital artwork courtesy of Portray VR, or dive into a totally immersive world to do issues which might be merely not potential in any other case,” the corporate famous.

In comparison with Quest 2, the brand new Meta Quest 3 comes with a 49 p.c slimmer optic profile, thus a extra snug headset for customers. Notably, the corporate additionally redesigned Quest 3’s Contact Plus controllers with a extra streamlined and ergonomic type issue. To immerse the customers much more within the gaming world, Meta included TruTouch haptics that first debuted in Contact Professional. Along with new library content material, Meta Quest 3 is, ostensibly, suitable with the Quest 2 catalog of over 500 VR video games, and purposes.

Market Outlook

Following the announcement, Meta Platforms shares closed Thursday buying and selling at $272.61, up 2.98 p.c from the day’s opening worth. The $678.52 billion valued firm has seen its inventory market rally roughly 126 p.c YTD, in accordance with the newest market information.

The launch of Quest 3 is a big increase to the corporate’s VR merchandise amid enormous competitors for Apple Inc (NASDAQ: AAPL).

Furthermore, Apple can also be slated to launch its VT headset subsequent week as a part of June’s WWDC occasion. In the meantime, Meta introduced that it has lowered the worth of Quest 2 to $299.99 for the 128GB SKU and $349.99 for the 256GB SKU. Moreover, the corporate famous that the Quest 2 is slated to get a software program replace to boost the person expertise.

“Quest 2 and Quest Professional GPU and CPU. Quest 2 and Professional will see an up-to 26% CPU efficiency improve with an up-to 19% GPU velocity improve for Quest 2 and 11% for Quest Professional,” the corporate noted.



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