Meta releases Quest 3s

September 26,2024

META released the Quest 3S which is a VR headset and is relatively cheaper as compared to the
predecessor at $ 299. Meta could hardly stand it at the launch, and it puts it advantageously to
Apple Vision Pro priced at $3,499 in the expanding VR segment.
There was also the Quest Pro which Meta had to pull from the market since it could register low
sales. Meta also lined up older models for a price cut that could help drive sales volume. It
throws of as a multitasking device, which might make it even more appealing than the Quest 2 in
areas other than gaming.
Also, extraordinary development in AI proves to have a great influence on Meta stock price. The
company introduced new interactions with Meta AI through voice across platforms like
WhatsApp and Instagram as well as the new AI model, Llama 3.2 that now supports vision and
text. These improvements increase audience interaction with Facebook offerings and may create
new revenue opportunities, increasing Meta’s AI efficiency in contrast to OpenAI and Apple.
Given Meta’s heavy investment in both AI and VR, these advancements could set the pace for
long-term growth, thus affecting the stock’s behavior positively.