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
In fact, Mr. Mahaney reports that due to the huge expenses for R&D, deals with game studios, and hardware sold at loss, “ [Facebook] will generate between $5.4 Creating a successful hardware and software ecosystem may require losses in the dozens of billions of dollars. billion and $6.4 But actually, this has not happened.
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