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Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com)

submitted 6 months ago by ylai@lemmy.ml to c/technology@lemmy.world

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[–] VirtualOdour@sh.itjust.works 16 points 6 months ago (3 children)

Business lesson, : never build a factory because it won't pay for itself in the first year.

And yes I know it's hard to hear but Meta's vr is doing really well in the areas they targeted, industry, academia, and special use. This is likely to end up a profitable part of their business for a long time.

[–] jkrtn@lemmy.ml 3 points 6 months ago

I was happy and now I am sad.

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