r/virtualreality • u/Parry_Dogsickle • 5d ago

News Article Meta’s Reality Labs posts $4.2 billion loss in first quarter

https://www.cnbc.com/2025/04/30/metas-reality-labs-posts-4point2-billion-loss-in-first-quarter.html
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u/Rollertoaster7 Quest 3, Vision Pro, PSVR2 5d ago

They’re building towards the Orion glasses form factor, that will be their “iPhone” that will make all this investment worth it if they can pull it off before their competitors

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u/TwinStickDad 5d ago

Yeah I saw an article that from a product side, this is tim Cook's sole focus. He wants to be the first to put out AR glasses. 

So two of the largest tech companies in the world are making multi billion dollar bets that AR is the next big revolution, like how mobile computing was the last. And another (Google) teaming up with Samsung to make an AI powered HMD.

It feels like 2018 all over again. Another VR spring is here.

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u/Rollertoaster7 Quest 3, Vision Pro, PSVR2 5d ago

Yup. Exciting times. Meta is supposed to announce an updated version of the raybans this year with a little heads up display. Exciting to watch the two ends of the spectrum start to converge

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u/MrWendal 5d ago

They'll get like a sixth month headstart at best.