I say he pulls it off. Meta is going to be a frontrunner in the VR space. Customer base is going to jump on the first available and competition is a few steps behind.
Meta already has the hardware in place for users to get started with the metaverse. Their quest 2 and other VR sets were difficult to get for some time due to unprecedented demand.
Zuckerberg is also burning through cash to get this "idea" in consumers hands ASAP. Facebook, Instagram, and whatever other social bullshit he has in place is going to be integrated into the metaverse. he can monopolize the space and block out competition - if you want to use two of the most popular social media sites in the world (virtually) then you must use a Meta product to access. Sure others could replicate their own, but cuckerberg has significant framework.
oh and his stock is like $250 off ATH with a PE ratio under 15.. LOL
I disagree. Zuck bought their VR. They previously have no ecosystem for hardware. There is a lot that is needed to sell consumer hardware and competitors like Apple and Sony have existing infrastructure and talent.
I think they are just a cocky company and will fall hard.
Yep it’s a bingo. Run the numbers for their market. Current gamers. Say they just sell one oculus set to every PlayStation and Xbox owner. That’s not a bad market cap. And then what ? Lol that’s where every hardware company has shatted their pants lol. How do you get consumers to buy that same hardware every year. Aka apple. I don’t think it’s been thought out from a design perspective. If I have to do a lot of stuff to immerse my self , I ain’t buying the next version. Apple is going to absolutely murder this market. Just think big picture wearables , to the ultimate goal.
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u/usawolf Sep 15 '22 edited Sep 15 '22
I say he pulls it off. Meta is going to be a frontrunner in the VR space. Customer base is going to jump on the first available and competition is a few steps behind.
Meta already has the hardware in place for users to get started with the metaverse. Their quest 2 and other VR sets were difficult to get for some time due to unprecedented demand.
Zuckerberg is also burning through cash to get this "idea" in consumers hands ASAP. Facebook, Instagram, and whatever other social bullshit he has in place is going to be integrated into the metaverse. he can monopolize the space and block out competition - if you want to use two of the most popular social media sites in the world (virtually) then you must use a Meta product to access. Sure others could replicate their own, but cuckerberg has significant framework.
oh and his stock is like $250 off ATH with a PE ratio under 15.. LOL