Facebook Inc (FB)’s Oculus Could Have A Challenging Time Convincing Gamers To Pay $400
Facebook Inc (NASDAQ:FB)’s virtual reality headset called Oculus Rift (developed by Oculus VR) is expected to go on sale starting 1Q2016. According to early trials, the VR device exceeds the expectations. However, despite Rift being such a stunning virtual reality device, there are a few things that could put speed-bumps in its adoption. Price is one of them.
Facebook Inc (NASDAQ:FB) hasn’t disclosed how much the consumer version of the Oculus Rift will go for, but analysts estimate it could cost $400. Those who want to get their hands on the Rift plus the motion controllers would likely have to pay an extra $100.
What is clear is that virtual reality devices won’t be cheap, not even the consumer versions. However, it is likely to be a challenge for gaming peripherals vendors to convince consumers to pay more to have a more immersive experience of the games that they already enjoy. That is where Facebook would find it hard to get the Rift handsets into more consumer hands.
The Oculus Rift headset requires powerful PCs for seamless gaming. For that reason, gamers using average hardware may not get the best they want out of the Rift. Many players would find themselves needing to upgrade to fully enjoy the virtually reality experience that comes with Rift. The need to update hardware because of a gaming peripheral may not be compelling enough for most gamers.
The software question
The other hurdle for the sale of Rift is lack enough titles that can be streamed seamlessly through the devices. Gamers might dig deep in their pockets to pay for the device and also upgrade their hardware to ensure that they can run Rift smoothly, but there doesn’t seem be enough library of games suitable for the Rift streaming.
For Facebook Inc (NASDAQ:FB) and its Oculus Rift headset, success is not guaranteed. However, Facebook has enough financial resources to keep the Rift machine grinding even if its reception turns out to be tepid.
Latest posts by Neha Gupta (see all)
- Is Facebook Inc (NASDAQ:FB) Winning Or Losing In Virtual Reality Space? - May 27, 2016 07:35 AM PST
- No Growth In Costco Wholesale Corporation (NASDAQ:COST)’s 3Q Comps Explained - May 27, 2016 07:34 AM PST
- How Will International Business Machines Corp. (NYSE:IBM)’s Big Data University Help? - May 27, 2016 07:33 AM PST