The XR Week Peek (2021.07.05): Facebook to have $6B of losses for the VR business, investments in XR are on the rise, and more!
The Ghost Howls
JULY 5, 2021
and also why the $2+B investment in Magic Leap was not enough to bring it to success. Creating a successful hardware and software ecosystem may require losses in the dozens of billions of dollars. Microsoft too had to lose $10B to let Xbox enter the gaming console market and compete with PlayStation. Image by Microsoft).
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