Facebook announces $199 all-in-one VR headset

Seeking Alpha

Published Oct 11, 2017 02:00PM ET

Facebook announces $199 all-in-one VR headset

  • Facebook (NASDAQ:FB) announces the Oculus Go, a $199 untethered VR headset that could redefine the emerging market.
  • Unlike current untethered headsets, the Go doesn’t require the use of a smartphone or special sensors around the room. The headset alone creates the VR experience.
  • Price comparison: Sony’s PlayStation VR costs $349.99 for the headset alone and, unlike the Go, the PS VR needs more parts to work. Samsung’s Gear VR costs $129 for the headset and a controller, but a user needs a compatible smartphone.
  • The AR/VR market grew 25.5% on the year in Q2 to total 2.1M shipments, according to IDC. Samsung (KS:005930) led with 568K units and a 26.7% market share with Sony in second and Facebook coming third with an 11.6% share and 246.9K units.
  • The Oculus Go will ship in early 2018 and could push Facebook to the front of the VR market.
  • Previously: Facebook planning $200 wireless Oculus VR headset next year (July 13)
  • Update: The tethered Oculus Rift bundle with headset and controllers gets a permanent price drop to $399, matching the $100 off sale price from this summer.
  • Now read: Facebook And Snap: A Tale Of Teens

Original article

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