Meta CEO Mark Zuckerberg announced Oculus Quest's superiority over Apple's Vision Pro, emphasizing its competitive pricing, broader field of view, and more open app ecosystem.

Zuckerberg showcased Quest 3's unique features like precision gaming controllers and Xbox cloud streaming capabilities, but omitted mention of the 'metaverse'.

Meta and Apple's rivalry extends beyond VR to their divergent visions for the future of computing.

Despite strong sales for Apple's Vision Pro, Meta's Quest line holds a commanding lead with over 75% market share in the VR headset market in 2022.

Meta's Reality Labs division, responsible for its VR initiatives, is experiencing substantial operating losses, with expectations of increased losses in 2024.

The article suggests that VR technology may play a role in crypto adoption, with Meta's open platform potentially offering a long-term edge over Apple's closed system.