It’s almost a decade since Virtual Reality (VR) headsets have been around, yet the idea of the device has failed to woo the masses. Apple’s perpetually rumored VR/AR headset is anticipated to be unveiled at the company’s WWDC event next week.The Quest 3 will be priced at US$499 and is the successor to Meta’s Quest 2 headset, which will see its price reduced by $100 starting June 4.Meta teased its latest VR headset, the Quest 3, on June 1, a week before Apple is expected to debut its competing VR headset.IG International Limited receives services from other members of the IG Group including IG Markets Limited. IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.ĬFD Accounts provided by IG International Limited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail client accounts lose money when trading CFDs, with this investment provider. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. ![]() ![]() It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Consequently any person acting on it does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. This information has been prepared by IG, a trading name of IG Markets Limited. ![]() But even so, its stuff headcount at the end of 2023 will only down to the same level as Q3 2022. To offset the mounting bills, Meta laid off over 11,000 employees in early November, reducing its workforce by 13% and announcing a hiring freeze through Q1 2023. As its chief financial officer (CFO) mentioned in the Q3 report, there will be an estimated $900 million additional charges in Q4 and a further $2 billion in 2023 related to consolidating office facilities footprint. Even worse, the money spent in Q4 and the new year are expected to go higher. Total costs and expenses in Q3 were $22.05 billion, an increase of 19% year-over-year. On the other hand, Meta’s costs and expenses are surging. In Q3, the average price per ad plummeted by 18% year-over-year despite the ad impressions delivered across Meta’s apps increasing by 17%. Meta’s core business, online advertising, which generates 98% of Facebook’s revenues, is struggling. According to Meta’s forward guidance in October, the company expected the Q4’s total revenue would be in the range of $30-$32.5 billion, while Wall Street expected the actual number would be close to the lower end, around $31 billion, an approximately 7% to 10% decline from the same quarter in 2022.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |