2025-01-29
Business Insider
2 related
In an internal memo, Andrew Bosworth says Meta's Reality Labs beat nearly all its sales and user targets for 2024, growing sales “>40% YoY overall”
He did NOT say Meta grew sales “>40% YoY” BTW. — He actually says “growing *RL sales* >40% YoY”. — I.E., VR/XR sales in stores. Which isn't impressive if (as likely) 2023 was slow for retail. … X...
2022-12-19
Bloomberg
9 related
Meta CTO Andrew Bosworth says the company plans to devote ~20% of its overall costs and expenses to Reality Labs in 2023, up from 18% in Q3 2022
Facebook parent company Meta Platforms Inc. will continue to devote about 20% of its overall costs and expenses to Reality Labs in 2023 …
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