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Meta: The metaverse begins to take shape (NASDAQ:META)

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Meta: The metaverse begins to take shape (NASDAQ:META)

Source: seekingalpha.com

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To date, there seems to be strong skepticism about Meta’s investment in the reality lab segment, which is justified in part as the costs incurred in its development far exceed the revenues earned so far. The nosedive in Meta’s share price is proof that the The market does not believe in these long-term projects, but what if they are wrong?

Growing confidence in the reality lab segment

Public opinion is making this company angry, however, more and more alliances are being established with top-tier companies. At the time the reality lab segment was created, Meta was having a very difficult time gaining credibility in what it was investing in because it was a highly speculative market. Even today it remains so, but after the sale of Meta Quest 2 14.8 million units in just under 2 years…

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