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Facebook CEO Asks for Investor Patience on VR, ‘it’s not going to be really profitable for us for quite a while’

Road to VR

Ever since Facebook’s acquisition of Oculus in 2014, CEO Mark Zuckerberg has poised the move as a strategic bet on a technology that would eventually change the way we communicate. The analogy I always use, the first Smartphones came out in 2013—sorry, 2003—the Blackberry and Palm Treo. Photo courtesy Mark Zuckerberg.

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What VR Headset Makers (not analysts) Have Actually Said About Sales Expectations

Road to VR

VR was “the biggest loser” in sales this year, PSVR sales forecast greatly lowered – SuperData. • The holiday season seems to have given virtual reality a reality check. • Despite slow 2016, VR is still forecast to hit $14 billion in consumer software sales in 2020. Facebook – Oculus Rift. Samsung – Gear VR.

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The World of Mobile VR After Pokemon Go

VRWorld

Virtual Reality Gaming isn’t coming, it’s already here. With the introduction of Google Cardboard and the Daydream VR platform, Oculus and HTC discrete VR headsets and GearVR headsets for even smartphones like the Samsung’s Galaxy S7, the first tentative steps towards virtual reality gaming are being taken.