Ahead Of Apple's AR/VR Headset Unveiling, Meta Launches Quest 3: Here's Everything You Need To Know
Portfolio Pulse from Ananya Gairola
Meta Platforms Inc. has unveiled its latest virtual headset, Quest 3, ahead of Apple's expected launch of its first AR/VR headset at WWDC 2023. The Quest 3 features a slimmer design, high-resolution color mixed reality, and a new Qualcomm chipset, with a starting price of $499 and an autumn release.
June 02, 2023 | 4:20 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Meta unveils Quest 3 virtual headset, featuring a slimmer design, high-resolution color mixed reality, and a new Qualcomm chipset. The headset is priced at $499 and set for an autumn release.
The launch of Quest 3 positions Meta to compete directly with Apple's upcoming AR/VR headset. The new features and competitive pricing could attract more customers and potentially boost Meta's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Apple is expected to launch its first AR/VR headset at WWDC 2023, facing competition from Meta's newly unveiled Quest 3.
While Apple's AR/VR headset launch is highly anticipated, the competition from Meta's Quest 3 could impact its market share. However, Apple's loyal customer base and potential for innovation may help it maintain a strong position in the market.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80