Quest Pro doesn’t fix Meta’s stock issue

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Image: Meta

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Our weekly recap: Investor pressure on Meta is mounting, while the new Quest Pro headset leaves a mixed impression in early testing.

Quest Pro does not pull Meta out of the stock market crisis

Meta CEO Mark Zuckerberg continues to bet billions on the Metaverse, with no prospect of significant returns any time soon. It’s worsening Meta’s balance sheets, driving further stock market losses — in part because investors are skeptical of Zuckerberg’s Metaverse promises, as usual. The latest quarterly results fell short of expectations, leading Meta stock to fall further, which has now hit new lows. Investor calls on Zuckerberg to rethink in public letter.

Zukunftsvision einer Mixed-Reality-Kollaboration mit Avataren und virtualen Displays.

The mixed reality mode didn’t trigger any storms of enthusiasm in the first tests of Quest Pro. This is due in particular to the cracking video review. | Image: Meta

Meta’s latest Quest Pro headset can’t dispel investor skepticism. First Quest Pro testers attest to the many qualities of the device, but the new mixed reality mode (sample applications), which would have the potential to open up new application scenarios and new target groups compared to VR, is seen rather critically.

Microsoft and Samsung would no longer work together for XR hardware

Microsoft is not currently working on Hololens 3 or XR hardware for consumers. Recently it was rumored that Microsoft would partner with Samsung for consumers. These rumors were true, according to the Wall Street Journal, but they are already outdated: Microsoft has ended the collaboration with Samsung, reports the WSJ.

Quest 3 will be released in 2023

Quest 3, the successor to the most popular VR headset of all time, Quest 2, has a significantly higher sales potential than Quest Pro. Quest 3 will be released in 2023, as confirmed by Mark Zuckerberg on the recent quarterly earnings conference call. CAD drafts of the Meta Quest 3 prototype were leaked in early October. According to these, Meta relies heavily on mixed reality, as it did with Quest Pro.

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Also in our AI magazine THE DECODER: a teacher allows text AIs in exams and reports on his findings, and an AI image expert fears a new deep nudity scandal.


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