Meta is planning to raise prices for its virtual reality devices, executives said in an internal memo seen by Business Insider.

Meta plans to raise prices on its VR devices to ensure long-term sustainability, per an internal memo. Metaverse executives told staffers it will extend the replacement cycle of in-market devices. Meta also aims to deliver high-quality software experiences alongside its virtual reality devices.

Meta is planning to raise prices for its virtual reality devices, executives said in an internal memo seen by Business Insider.

Metaverse leaders Gabriel Aul and Ryan Cairns told employees that the company must “make a shift” in its business model to ensure long-term sustainability. This will include measures such as price increases, accounting for new costs like tariffs, and extending the replacement cycle of its in-market devices, per the memo.

“Our devices will be more premium in price going forward, but we’ll have a healthier business to anchor on and free ourselves from feeling existential about any singular device’s success,” Aul and Cairns wrote in the memo, shared with staff on December 4.

  • TroublesomeTalker@feddit.uk
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    1 day ago

    Quest 3 was stunning at release for the price. They just can’t help but fuck about with things though. Barely use it now because of all the world’s shit cluttering it up. So fine jack up the prices. I’m just waiting on the Frame.

  • brsrklf@jlai.lu
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    1 day ago

    Too bad, decent hardware for the price is the only thing they had. Everything else is a terrible experience.

    I was already almost certain I would never buy another headset from them, so thank you for making that decision easier.