Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
magazineFacing up to the new virtual reality
Facebook really wants people to give virtual reality (VR) a try, so it’s launched a second headset that will cost half the price of its original Oculus Rift.
Its latest Oculus Go was launched at last week’s F8 developers conference in California and will sell for $199, versus the $399 asking price of the Rift.
This is a big deal for UK-based VR application start-ups EVR (EVRH:AIM) and VR Education (VRE:AIM). Their respective rock concerts and Apollo 11 moon landing apps both come pre-installed on Go headsets.
But VR sales have not lived up to early hype, at least not so far. Just 700,000 Oculus Rift’s were shipped last year, according to Trendforce data, about 19% of all VR shipments. More than 1.4bn smartphones were sold worldwide in 2017. Still, one analyst reckons 1.8m Oculus Go sets could sell in 2018.
Important information:
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
