Canada

Meta is increasing the prices of Quest 2 headphones ahead of the launch of the successor

– Meta Platforms Inc said on Tuesday it will raise the prices of its Meta Quest 2 virtual reality (VR) headset by about $100 starting in August, even as the company prepares to release a follow-up headset later this year.

With its rebrand last November, Meta doubled down on the metaverse and VR. It recently announced upgrades to its VR platform, Horizon Worlds, and opened a physical store for consumers to demo the headset.

Meta said the 128-gigabyte and 256-gigabyte versions of the Quest 2 will retail for $399.99 and $499.99, respectively. It also increased prices for some accessories and refurbished units.

“We’re making a change that will help us continue to invest for the long term and continue to move the VR industry forward,” Meta said in a statement, adding that users have spent more than $1 billion on Meta Quest apps.

Meta said it will launch a new high-end VR headset, codenamed Project Cambria, later this year, without mentioning a date or device specifications.

Meanwhile, Apple Inc is said to be working on its own VR headset, according to reports. (