April 27, 2016

Facebook expects VR will have no material impact on 2016 revenue

oculus-facebook If you think Facebook will get rich on Oculus, you better be patient. Mark Zuckerberg said on the Q1 2016 earnings call saying he sees VR as a long, long-term bet rather than a way to make a quick buck on 3D games. "This is early and it's going to take a long time. There's a lot of hype around this." He explained that while VR, like AI and Internet connectivity are… Read More

Source: TechCrunch