AfterDawn: Tech news

Oculus to sell its Rift VR headset 'at cost'

Written by Andre Yoskowitz @ 12 Jun 2014 1:51

Oculus to sell its Rift VR headset 'at cost' Oculus VR founder Palmer Luckey is sure to have made consumers happy with his latest comments, saying that the company will sell the Rift VR headset at cost, with the company not looking to make a profit on them.
"We're going to be selling it at cost," Luckey said in an interview. "Whatever it costs us to make, that is what we're going to sell it for."

Facebook recently acquired the startup for over $2 billion, ensuring that Oculus has enough funding to survive whether or not they turn a profit or not, ever. "If we were running purely on our own and trying to make money just from hardware, we would need to make enough profit from each unit to pay for running the company for several years, until we launched the next one," said Luckey, clearly happy to have been acquired by the social media behemoth.

Of course, the company has plenty of ways to make money without profiting on the actual hardware. Oculus is likely to obtain licensing fees from game developers, especially for games that can only be played on the VR headset. This would be considered the "console model" currently enjoyed by Nintendo, Sony and Microsoft.



So far, only developer backers on Kickstarter have received any form of the headset, with consumers eagerly awaiting their own. Luckey says there will be game demos by next year's E3, but there is still no time table for an official consumer release.

Source:
Stuff

Previous Next  
Comments have been disabled for this article.

Latest news

VLC hits milestone: over 5 billion downloads VLC hits milestone: over 5 billion downloads (16 Mar 2024 4:31)
VLC Media Player, the versatile video-software powerhouse, has achieved a remarkable feat: it has been downloaded over 5 billion times.
2 user comments
Sideloading apps to Android gets easier, as Google settles its lawsuit Sideloading apps to Android gets easier, as Google settles its lawsuit (19 Dec 2023 11:09)
Google settled its lawsuit in September 2023, and one of the settlement terms was that the way applications are installed on Android from outside the Google Play Store must become simpler. In the future, installing APK files will be easier.
8 user comments
Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments

News archive