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Meta Launches Meta Quest+ Subscription for VR Headsets
Updated: Jan 5
Meta Platforms introduces Meta Quest+, a subscription-based service for its VR headsets, expanding into a growing market.
Meta Platforms (META.O) announced the launch of Meta Quest+, a subscription service for its virtual reality (VR) headsets, signalling its entry into the promising yet capital-intensive market. With this move, Meta aims to establish a foothold and shape the evolving VR landscape.
During a live broadcast on Instagram, Meta CEO Mark Zuckerberg revealed that the Meta Quest+ subscription is now available at $7.99 per month or $59.99 annually for Quest 2, Pro and soon, Quest 3. While Meta has been dominant in the market, Apple (AAPL.O) recently showcased its Vision Pro augmented reality headset, priced at $3,499. However, Apple's offering is three times more expensive than Meta's costliest headset.
In a bid to generate more interest and sales, Meta previously reduced the prices of its headsets in March. The Meta Quest Pro, Meta's flagship VR headset, currently sells at $999.99, down from its initial price of $1,499.99. Meanwhile, the Quest 2 is available for $299.99 on Meta's website.
Despite advancements in VR technology, the adoption of virtual reality headsets has primarily been limited to the gaming community, despite being hailed as the next big thing.
Meta Platforms (META.O) introduces Meta Quest+, a subscription-based service for its VR headsets, priced at $7.99/month or $59.99/year.
CEO Mark Zuckerberg announces availability for Quest 2, Pro and the upcoming Quest 3.
Apple (AAPL.O) enters the market with the Vision Pro headset, costing three times more than Meta's priciest offering.