Meta CEO Mark Zuckerberg Announces Quest 3 Mixed Reality Device; Says Xbox Cloud Gaming Coming To Quest In December; Microsoft 365 Coming To Quest By The End Of This Year
Portfolio Pulse from Benzinga Newsdesk
Meta CEO Mark Zuckerberg has announced the upcoming release of the Quest 3 mixed reality device. Additionally, Xbox Cloud Gaming will be available on Quest in December, and Microsoft 365 will be integrated into Quest by the end of the year.
September 27, 2023 | 5:48 pm
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POSITIVE IMPACT
The announcement of the Quest 3 mixed reality device and the integration of popular services could boost Meta's market position and potentially its stock price.
The announcement of a new product, especially one that integrates popular services like Xbox Cloud Gaming and Microsoft 365, can create positive market sentiment and potentially drive up the stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Microsoft's services, Xbox Cloud Gaming and Microsoft 365, will be integrated into Meta's Quest 3 device, potentially increasing the user base of these services.
The integration of Microsoft's services into a new device can potentially increase the user base of these services, which could positively impact Microsoft's revenues and stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60