Meta will make a significant price reduction on its VR products

This Friday, March 3, Meta announced important changes regarding its prices, specifically in two of its products regarding the field of virtual reality that have not done well at all in this first quarter of 2023.

Starting next Wednesday, March 15, Meta Quest Pro will cost its service from $1,499 to $999, generating a valuable and striking reduction of $500. Likewise, the 256GB version of Meta Quest 2 will drop from $499 to $429. The prices that have transpired so far correspond only to the American markets.

Quest 2 and Quest Pro sales

In the past month of October 2022, the Meta Quest Pro was released, however, its high price put it out of reach for most consumers and the statistics in the first quarter of 2023 were not the best of all and expected. by the American company, so to attract the consumer public it was decided to make the significant discount.

Meta lost $13.7 billion in its Reality Labs segment in 2022 and Reality Labs generated revenue of $727 million in the fourth quarter and for all of 2022, $2.16 billion, leaving a negative decline of $2.27 billion in 2021, including Quest headset sales.

“Our goal has always been to create hardware that is affordable for as many people as possible to take advantage of all that VR has to offer. That is why we were pioneers in the first independent device with its own movement recording, which allowed us players to experience the freedom of wireless virtual reality without depending on a computer or console, “the company reported in an official statement this Friday.

The 128GB model of Meta Quest 2 will maintain its current price, which in Spain stands at 449 euros and according to The Verge, the successor will arrive this year at “a slightly higher price” than the current entry model. which in the United States stands at 400 dollars.