The spending dragged down Meta’s quarterly profits, which fell 8 percent, to $10.3 billion, in the three months ending in December from a year earlier, even as revenue rose 20 percent, to $33.7 billion, over the same period. Investing $10 billion in the metaverse is more than five times the amount of money Facebook paid to purchase the Oculus VR business in 2014 and 10 times what it paid to buy Instagram in 2012. In the past, the company had not broken out those numbers because products like virtual-reality headsets were a small part of its overall business, which is dependent on social networking and digital advertising. It was the first time that Meta revealed the results of its hardware division. Zuckerberg’s vision of the metaverse, a next generation of the internet where people would share virtual worlds and experiences across different software and hardware platforms.
Zuckerberg founded as Facebook, said that its Reality Labs division, which makes virtual-reality goggles, smart glasses and other yet-to-be-released products, lost more than $10 billion in 2021 as it built the business.
On Wednesday, he showed the costs of making that transition. Mark Zuckerberg said his company was going all in on the metaverse last year.
0 kommentar(er)
