SuperData: Oculus Rift price cut 'shows a lack of confidence

SuperData: Oculus Rift price cut 'shows a lack of confidence

Oculus stated only that it's investing heavily in standalone VR.

The device Gurman describes sounds different from the Santa Cruz standalone Oculus prototype shown off during this year's Connect event.

"We can confirm that we're making several significant technology investments in the standalone VR category". Facebook-owned Oculus VR earlier this week slashed the price of its Rift plus Touch bundle to $399 for a limited time.

"We don't have any additional details on a future product". That's just £50 more expensive than Sony's PlayStation VR, making it significantly cheaper than its main rival, the HTC Vive.

People familiar with Facebook's plans tell Bloomberg that the social media company is planning to unveil a cheaper, wireless Oculus VR headset before the end of the year.

Thanks to the immersive power of virtual reality, Facebook Spaces lets you feel like you're spending time with your friends in person - no matter where they are. The device's ability to play games will be better than that of the Samsung Gear VR. It's not unlikely, then, that Barra may have worked to develop a hardware partnership between the two companies. The headset, code-named Pacific, will be similar to headsets like Samsung's Gear VR and Google's Daydream View but will not need a phone. Oculus led the way into the new VR era, but since has faced a lot of competition especially from HTC. They're untethered, standalone, mobile VR headsets.

Devices like the Pacific and Santa Cruz are steps in the right direction in tapping the full potential of the VR market.

Furthermore, the device will reportedly be powered by a Snapdragon processor from Qualcomm. We believe that the former is far more likely, though. According to Facebook's announcement, the integration is intended to "give the people you care about a window into your VR world". You can grab and move around, so you can call attention to the best one-liners or highlight a question or discussion topic.

Boy is the September iPhone Keynote going to be exciting with possibilities.