Meta formerly known as facebook. Reported that they lost $10.2B in Augmented/Virtual Reality Operations last 2021 this is for their newly created Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations, according to its fourth-quarter earnings report.
It really doesn't always go the way we expect things to go. But, hopping to see a gain to meta this 2022 nad hopefully we can all have a great VR experience
