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Meta Platforms Slashes Quest 2 VR Headset Prices Post Quest 3 Launch

Published January 3, 2024

In an appealing move for virtual reality enthusiasts and investors alike, Meta Platforms, Inc. META, the tech giant renowned for its foray into social media and immersive technologies, has announced a permanent reduction in the price of its Quest 2 VR headset. This adjustment comes on the heels of the unveiling of their latest and more advanced headset, the Quest 3. Catering to a growing demand for accessible virtual reality experiences, Meta has slashed prices by $50 for both storage variants of the Quest 2 model.

Significant Price Drops for Quest 2

The Quest 2, which has played a pivotal role in bringing VR to a mainstream audience, will now be more affordable. The 128GB version of the headset sees a new price point of $249, a decline from the former $299 tag. For those requiring more storage, the 256GB version is now priced at $299, a compelling drop from its earlier $349. These strategic price reductions are poised to sustain the product's competitive edge in the market while paving the way for the next generation Quest 3 headset.

Implications for Users and Investors

The price slash not only signifies Meta's commitment to fostering widespread VR adoption but also has ramifications for investors monitoring the landscape of the emerging technology. The adjustment may stimulate sales of the Quest 2, which can potentially influence the stock performance of Meta Platforms, Inc. META. This move could also have indirect effects on related sectors and companies, including the online entertainment platform Roblox Corporation RBLX, which creates virtual worlds that could be increasingly accessed through more affordable VR devices.

Headquartered in Menlo Park, California, Meta Platforms, Inc. is at the forefront of developing products that connect people globally. From VR headsets to mobile devices and home gadgets, they offer a range of innovative solutions. Similarly, Roblox Corporation, operating out of San Mateo, California, is a household name for its online entertainment platform that captivates a sizable audience with its user-generated 3D experiences.

Meta, Roblox, VR