When the company, now Meta Platforms Inc, reports fourth-quarter results on Wednesday, investors will get a new window into the financial impact of CEO Mark Zuckerberg's current passion.
Analysts said they would be keen to see indicators about the Reality Labs division's profitability, how long it might be a drag on the advertising side, and evidence around the strength of VR headset sales. The company has not released sales numbers for Quest headsets, but a July recall notice for the Quest 2's facial foam liners said it affected about 4 million units in the United States. In a sign of strong sales for the headsets during the recent holiday period, its Oculus app hit the top spot on the U.S. App Store for free iPhone apps on Christmas Day.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Technician dies after falling into elevator shaft at Cheras mallKUALA LUMPUR: A lift technician fell to his death while working on a lift at a shopping mall in Cheras.
Source: staronline - 🏆 4. / 75 Read more »
Maintainance worker dies in lift accidentKUALA LUMPUR: A maintenance worker was found dead after he was believed to have fallen four stories down a lift shaft at a shopping mall in Jalan Loke Yew, here on Saturday (Jan 29).
Source: staronline - 🏆 4. / 75 Read more »
YOURSAY | Asking the wrong question on Genting HK's unsecured loans'Why are banks so generous on granting unsecured loans to big businesses?' Loan sharks under govermant .. .
Source: malaysiakini - 🏆 20. / 51 Read more »
Macron tells Iran’s Raisi nuclear talks need to speed upPARIS: French President Emmanuel Macron has told his Iranian counterpart Ebrahim Raisi (pix) that a deal lifting sanctions on Iran in return for curbs...
Source: theSundaily - 🏆 25. / 51 Read more »
Fishing for new sponsors | New Straits TimesNSTsports The Yamaha RNF MotoGP Racing Team owner Datuk Razlan Razali believes the sport needs to reinvent itself to attract 'new money' rather than relying on the same pool of sponsors. MotoGP
Source: NST_Online - 🏆 17. / 53 Read more »