Metaverse fail: Virtual reality and augmented reality headset sales drop 12% worldwide
1 year, 11 months ago

Metaverse fail: Virtual reality and augmented reality headset sales drop 12% worldwide

Daily Mail  

Worldwide shipments of virtual and augmented reality headsets dropped 12% to 9.6 million this year according to data from CCS Insight - a problem for Meta and other tech companies that are invested in the digital worlds' potential. VR headset sales in the U.S. also slumped 2% from a year earlier to $1.1 billion as of early December, data shared with CNBC by research firm NPD Group reveals. VR headset sales in the U.S. also slumped 2% from a year earlier to $1.1 billion as of early December, data shared with CNBC by research firm NPD Group reveals The California-based company has lost over $30 billion on the metaverse and its first effort at a virtual world, Horizon Worlds, has been deemed 'buggy' and isn't popular internally with employees. 'High inflation has hit consumer budgets in many major markets this year, and some people, who in better circumstances would have treated themselves to a virtual reality headset this year, have postponed their purchase,' noted Marina Koytcheva, Vice President of Forecasting at CCS Insight, in a recent report. Student uses ChatGPT to write essay for philosophy class in South Carolina Apple Watch blood oxygen sensor is racially biased against people with darker skin Apple's iPhone business faces 'defining moment' as China's Covid outbreak threatens major supply chain chaos

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