Quest 3 & Vision Pro Costs Leaked

Good morning folks!

An analyst firm estimated the production costs of the Quest 3 and Vision Pro, and boy does it contain some juicy details. Plus, Black Friday is around the corner and Meta is giving out some good discounts on apps and games, so make sure to grab them before they’re gone!

Headlines for people in a hurry:

• 🔢 Supply Chain Analyst Firm Reveals Costs of Quest 3 & Vision Pro

• 😲 Black Friday Deal: Quest 2 At $200, 40% Off On Games

• 📅 Apple Vision Pro Release Gets Delayed Again

• 👨‍💼 Meta Launches ‘Quest For Business’

Read time: 3 minutes

TOP STORIES

MANUFACTURING

Quest 3 & Vision Pro Cost Breakdowns Show Real Business Plans Of Meta & Apple

Wellsenn XR, a China-based XR analysts firm has revealed the estimated production costs of Meta Quest 3 and Apple Vision Pro's production, demonstrating a stark contrast in their manufacturing expenses, business goals and vision for the future.

The Quest 3's most expensive component, the Snapdragon XR2 Gen 2 chipset, costs around $90, with the total component cost estimated at $400. The final cost, including production, is around $430 for a device that retails for $499.

However, keep in mind that manufacturing cost is only a portion of a device’s total costs, as other expenses like R&D, and marketing are also included before calculating the profit. For reference, the iPhone 15 Pro costs $558 to manufacture and is sold for $1199 in the US. Do you know what that means? Meta is heavily subsidising the Quest 3!

In contrast, Apple Vision Pro's costs slightly over $1700. That’s crazy because the Vision Pro starts at $3499. The most expensive parts are the near-4K OLED microdisplays, costing a staggering $350 each. This means that even the display costs more than an entire Quest 3.

Basically, Apple is looking to make a profit from day 1 but Meta is still waiting for mass adoption first before monetizing, a strategy that worked well for them with Facebook and Instagram.

BLACK FRIDAY DEALS

Big Discounts Coming To The Metaverse!

Meta's Black Friday deal for the Quest 2 is a steal! After a recent price cut to $250 for the 128GB model and $300 for the 256GB model, Meta is offering an additional $50 credit on purchase.

This deal effectively values the Quest 2 at just $200. The credit form varies depending on the purchase platform, like Amazon Credit or Quest Store credit. Alongside this, the Quest Store is hosting a Black Friday and Cyber Monday sale, offering up to 40% off on many titles, including Beat Saber and its DLC tracks.

Notable games like Demeo, Iron Man VR, Resident Evil 4, Five Nights at Freddy's, Dungeons of Eternity, Red Matter 2, Pistol Whip, Among Us VR, Floor Plan 2, and Drop Dead: The Cabin are also part of the sale. To avail of the discounts, use the code BFCM23 at checkout.

If you’re confused about which game to buy at a discount, I’m personally stoked about Red Matter 2’s price cuts. If you have a Quest 3, I’d suggest the same as it’s the best-looking title so far that makes full use of Q3’s graphical upgrades.

VISION PRO

Vision Pro Release To Get Delayed But Apple Is Still On Track To Keep Their Promise

Apple's highly anticipated Vision Pro mixed reality headset has faced another delay, pushing its launch to around March 2024 from earlier reports of January 2024. However, Apple never officially gave out a release date and only said “early 2024”, which means even with the delays, Apple is still on schedule. Meanwhile, visionOS is expected to be complete by January.

The Vision Pro, which is the most complex device Apple has ever worked on, has been in development for over a decade, leveraging early ARKit software research. Apple's long-term goal is to miniaturize the Vision Pro's components for a glass form factor.

The delay is attributed to logistics and the need for custom fitting and training at Apple Stores. Security is also an issue as a stolen Vision Pro costs Apple 3 times more than a stolen iPhone.

NEWS FLASH

META

Meta Launches “Quest For Business” At $15/Month.

• 🏢 Meta Quest for Business Launched: Meta introduces "Meta Quest for Business," a new enterprise-focused VR service, offering enhanced security and management features for professional use.

• 🏎️ Meet Lewis Hamilton In VR: Formula 1 Las Vegas Grand Prix attendees can meet Lewis Hamilton in VR, thanks to Mercedes-AMG and Qualcomm's 'VIP Garage Tour’.

• 🌍 Galapagos with David Attenborough: Dive into the wonders of the Galapagos Islands with David Attenborough in a new VR journey on Meta Quest, bringing the archipelago's unique ecosystem to life.

• 🎮 Five Nights at Freddy's for PSVR 2: Get ready for more scares as "Five Nights at Freddy's: Help Wanted 2" is set to terrify players on PSVR 2, promising a new level of horror in virtual reality.

• 🤖 Mobile Suit Gundam Announced for Quest 3: Step into the cockpit in "Mobile Suit Gundam VR: The Zeonic Front," coming to Quest 3, offering fans an immersive experience in the Gundam universe.

• 🤝 Meta Building Exclusive Chips For AR: Meta teams up with MediaTek to push the boundaries of VR and AR technology, aiming to enhance immersive experiences and device capabilities.

• 🔋 Meta Recalls Elite Battery Strap: Meta issues a recall for the Elite Battery Strap for Quest 3, addressing technical issues to ensure a better user experience.

BOOKMARKS

Immersive Articles From The Web

• The VR Industry Is Brutal! It’s Not For The Weak.

• VR Is Transforming Medical Education — 44% Reduction In Procedure Time

• What’s It Like To Shoot Spatial Video On iPhone & Watch It On The Vision Pro? This Journalist Got A Hands-On Sneak Peak

• Vision Pro To Use Its External Displays For More Than Just Showing Your Face.

• Samsung, Google & Qualcomm Are Creating Their Own XR Device.

• Assassin’s Creed Nexus VR: A Detailed Game Review.

UNREAL MONEY

FUNDING REPORT

nDreams Acquired by Aonic for $110M

In a landmark deal for the VR industry, nDreams, a renowned VR game studio, has been acquired by gaming group Aonic for $110 million.

Known for titles like "Phantom: Covert Ops", “Ghostbusters: Rise of the Ghost Lord” and "Fracked," nDreams has been a key player in VR since 2013. This acquisition, following Aonic's $35 million investment in 2022, will bolster nDreams' growth and expand its VR game development and publishing capabilities.

The studio's commitment to VR and MR gaming remains steadfast, with its founders and executive team continuing in their roles. This move signifies a major investment in the VR sector, underscoring the industry's potential and growth trajectory.

COOL PROJECTS

AR IN THE PARK

Painting Outdoors With Quest 3 Is So Crazy!

WRAP UP

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