Facebook Virtual Reality, Oculus Revenue Seen Rising

By | May 5, 2015

Scalper1 News

Facebook (FB) will rake in $800 million in revenue from Oculus, its virtual reality arm, by 2018, and Apple (AAPL) is likely to make its own VR play with iPhone-compatible goggles, a UBS market forecast says. VR hardware sales will boom to $6.7 billion in 2020, while software-application sales reach $3.3 billion, forecasts UBS. UBS expects Apple to join Facebook, Google (GOOGL), Microsoft (MSFT), Samsung, Sony (SNE) and Taiwan-based HTC in a VR Scalper1 News

Scalper1 News