Can Facebook Dominate VR in 2020?
Facebook (NASDAQ: FB) and its subsidiary Oculus have been the talk of the VR industry for most of the past few years. But the reality is that it's far from the leader in VR headsets sold. That title belongs to Sony (NYSE: SNE), whose PSVR has sold over 5 million units.
Oculus took a big step toward catching up to Sony in 2019 with the launch of the Quest headset that untethers the headset from a computer. According to SuperData, 400,000 Oculus Quests were sold through the third quarter of 2019, and the device has been sold out for months, so it's possible sales got close to 1 million last year. But the device has a long way to go to catch up to Sony. Here's how Oculus and Facebook can dominate VR in 2020 and remain a hot tech stock.
Image source: Oculus.
Source Fool.com
