CLAIM #41660 · Meta Platforms Inc. (META) · 2023Q2 earnings call · Jul 26, 2023 · due Dec 31, 2023
“Now others in the industry are, of course, working on bringing mixed reality to the market too, but Quest 3 is going to be the first mainstream accessible device that we expect many millions of people will get to experience this technology with.”
Mark Zuckerberg · CEO
In context
“ntinue. We remain fully committed to the Metaverse vision as well. We've been working on both of these two major priorities for many years in parallel now. And in many ways, the two areas are overlapping and complementary. The next big thing on the Reality Labs side is the launch of our Quest 3 mixed reality headset at Connect. It's our most powerful headset yet with better displays and resolution and next-gen Qualcomm chipset with twice the graphics performance. It will also have the best immersive content library out there and it's 40% thinner than Quest 2. Its mixed reality seamlessly blends your physical world and the virtual one by intelligently understanding the physical space around you. We pioneered mixed reality with our Quest Pro headset and Quest 3 takes that to the next level. Now others in the industry are, of course, working on bringing mixed reality to the market too, but Quest 3 is going to be the first mainstream accessible device that we expect many millions of people will get to experience this technology with. The Metaverse content and software vision continues coming together as well. We recently announced that Roblox is coming to Quest with an open beta on App Lab. For Horizon, the team is focused on retention right now and we're making good progress on that. We made big improvements on avatars as well and that's going to be a bridge between our mobile apps and our VR and mixed reality experiences. We have a lot more to share on both our Metaverse and AI work coming up at our Connect conference, which we're going to be hosting in Hacker Square at our headquarters on September 27. It's going to be a good one, so I hope you'll tune in. Alright, to wrap up, I just wanted to say that I'm really proud of our teams for everything that we've accomplished so far this year. It's been a tough year in a”
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SEC filings for META ↗ · Claim quote is verbatim from the 2023Q2 earnings call.