Priced starting at $499, the device will be 40% thinner than the company's previous headset and feature color mixed reality, which combines augmented and virtual reality elements, Zuckerberg said in an Instagram post.
Zuckerberg's announcement came less than a week before tech rival Apple was expected to unveil its first mixed reality device. Far behind in second place at 10% market share was the Pico device by Chinese-owned ByteDance, which also owns social media competitor TikTok. In March, Meta cut the prices of most of its existing Quest headsets in hopes of stirring demand, after raising the price of its entry-level Quest 2 128 GB version in July 2022.
Source: News Formal (newsformal.com)
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