Meta: Apple Likely Wants To Disrupt Mark Zuckerberg's Metaverse

Jan. 18, 2023 9:00 AM ETMeta Platforms, Inc. (META)AAPL, GOOG, GOOGL, QCOM3 Comments


  • Apple is reportedly looking to launch lower-priced mixed reality headsets in 2024/25 as it aims to thwart Meta's leadership based on its Quest devices.
  • Meta has invested aggressively in its metaverse ambitions, taking significant losses as it sees the metaverse as "the next chapter of the Internet."
  • Apple's move could shake out the AR & VR market as it looks to disrupt the current market leaders to stake its leadership ambitions.
  • Meta CEO Mark Zuckerberg is afforded an opportunity to respond at its upcoming Q4 earnings conference on February 1.
  • I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
Facebook CEO Mark Zuckerberg And News Corp CEO Robert Thomson Debut Facebook News

Drew Angerer

Meta Platforms, Inc. (NASDAQ:META) investors who added exposure at its November capitulation lows have continued to outperform the S&P 500 (SPX) (SPY). Accordingly, despite the pessimism heaped at CEO Mark Zuckerberg's metaverse ambitions, META has recovered nearly

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Disclosure: I/we have a beneficial long position in the shares of META, GOOGL, QCOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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