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
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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
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