Considering the stocks gain, is it really a loss tho?
Stock owners PnL isn't part of profit/loss calculations.
Meta's Reality Labs posts $4.4B loss in third quarter
11–20 of 22 posts
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#12Earlier quoted context omitted.
Cutting edge technology. Those Orion smart glasses use a totally novel display using micro-projectors bouncing light through waveguides etched into the silicon carbide lens. The glasses also apparently use 10 custom chips.
Same field of view as years old Magic Leap 2 though. Was Silicon carbide an expensive way to work around ML's patents and get the same FOV?
No, it's a much wider field of view than the magic leap 2. 45 degrees vs 70 degrees. And more importantly it's in a much smaller form factor.
https://www.magicleap.io/hubfs/ML_22214-104-1.jpeg
https://techcrunch.com/wp-content/uploads/2024/09/GettyImage...
The magic leap has a much narrower FOV, it's bulkier, and has a wired connection. The Orion are wireless, have a wider FOV, and are slimmer.
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#13…how?! Can someone smarter than me please do the math and figure out how a company burns through >$17 billion dollars in a single year developing anything?
If you go by the chart at the link, they've lost 54.9 billion dollars since Q4 2020. [1] Do they have any products that can, even in principle, recoup that kind of loss? Is there some kind of tax scheme that can explain this? [1] - From Q1 2020 to the present: (2.1 + 1.83 + 2.43 + 2.63 + 3.3 + 2.96 + 2.81 + 3.67 + 4.28 + 3.99 + 3.74 + 3.74 + 4.65 + 3.85 + 4.49 + 4.43) -- The trend is clearly accelerating. Could build…
My theory all along was that they spent maybe 20 billion on Reality Labs and the rest was for Zuckerberg's secret volcano lair but it's getting to a point where that can't really justify it either. Maybe they're working on the weather control laser now?
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#14Meta has stunted VR development by monopolizing the talent and the marketplace. They act like they are the benevolent stewards of the future metaverse, but just like with Facebook, all they want is to dominate and productize the world’s attention.
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#15…how?! Can someone smarter than me please do the math and figure out how a company burns through >$17 billion dollars in a single year developing anything?
I hope Zuckerberg is not funneling this into some sort of secret slush fund that will blow up like Enron.
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#16Earlier quoted context omitted.
Same field of view as years old Magic Leap 2 though. Was Silicon carbide an expensive way to work around ML's patents and get the same FOV?
No, it's a much wider field of view than the magic leap 2. 45 degrees vs 70 degrees. And more importantly it's in a much smaller form factor. https://www.magicleap.io/hubfs/ML_22214-104-1.jpeg https://techcrunch.com/wp-content/uploads/2024/09/GettyImage... The magic leap has a much narrower FOV, it's bulkier, and has a wired connection. The Orion are wireless, have a wider FOV, and are slimmer.
Both have the same 70 degree diagonal field of view. You're comparing Meta's diagonal to ML2's horizontal.
Its lighter, but years newer and not in significant production.
The full wireless and self contained stuff is impressive, but not really tied to the display is it? Maybe more efficient for less battery drain? Do we have numbers on the display power consumption at a given brightness, and is it from the optics or the image source?
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#17Serious question. WHAT EXACTLY sits in Reality Labs? You can't expect me to believe the oculus vr glasses cost 4.4bn in R&D.
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#18Serious question. WHAT EXACTLY sits in Reality Labs? You can't expect me to believe the oculus vr glasses cost 4.4bn in R&D.
Their "Orion" AR headset and the EMG stuff they acquired from Ctrl Labs
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#19They got $40 in a quarter. That's pretty insane. Loss of 4.4 is around 10%. Not all that bad.
Re: Meta's Reality Labs posts $4.4B loss in third quarter
#20Meta needs more than just open source llama at this point. With Chinese free models on the heels, with reddit and tiktok stealing general attention, and even training from scratch with bert, gpt2, clip becoming accessible.