Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Reality Labs lost $13.7 billion (roughly Rs. 1,12,200 crore) in 2022. Last year, Meta revealed that Reality Labs posted a loss of $46.5 billion while generating nearly $11 billion (roughly Rs. 91,744 ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta's Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
In an internal memo, Meta Chief Technology Officer Andrew Bosworth said the company’s Reality Labs beat nearly all its sales and user targets ...
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta is shaking up Reality Labs and integrating it more closely with its core business. Chief technology officer Andrew Bosworth announced a series of reorgs in a post on Meta's internal forum ...
The company just shared its latest report for the Reality Labs division which includes AR and VR. This is where it was proven ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...