The timing of the report is significant for a couple of reasons. Meta is facing investor pressure to demonstrate tangible results from its substantial investments in CEO Mark Zuckerberg’s vision of the future of computing. While the company does not anticipate profitability from its metaverse projects for several more years, it is currently spending approximately $10 billion annually on its Reality Labs division. In parallel, Apple is widely anticipated to enter the AR headset market in the near future, potentially unveiling its offering at the upcoming WWDC developer conference.
