Despite Quest 2 sales success, Meta lost $10.2 billion on VR/AR last year

On Wednesday, Meta blamed everything from Reels to Apple for disappointing growth in the last quarter of 2021. And its Reality Labs section consistently lost billions despite high

Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021

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Exclusive: Facebook-owner Meta tells hardware staffers to prepare for cutbacks

Meta's Virtual Reality Division Lost $10.2 Billion in 2021

Meta's Reality Labs loses colossal $13.7 bn on VR-AR projects

Facebook repeating in VR the strategy that gave it a leading role in social media - The Washington Post

Meta Reality Labs lost $2.8 billion in Q2 2022

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Meta Reality Labs lost $2.8 billion in Q2 2022

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