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        <title><![CDATA[Facebook&#8217;s Oculus Quest 2 was preordered five times more than predecessor]]></title>
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            <media:title type="html">Facebook&#8217;s Oculus Quest 2 was preordered five times more than predecessor</media:title>
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						<p>Facebook&#8217;s virtual reality ambitions are finally catching on with consumers.</p>
<p>The company&#8217;s latest VR headset, the Oculus Quest 2, has received five times as many preorders as its <strong>2019 predecessor</strong>, Mark Zuckerberg confirmed on the company&#8217;s Thursday <strong>earnings call</strong>, saying the device&#8217;s reception has &#8220;surpassed our expectations.&#8221;</p>
<p>The Quest 2, which at $299 costs $100 less than the original and includes a faster processor, more lightweight design and has a more high definition display, began shipping to customers earlier this month.</p>
<p>&#8220;I think that the new Quest 2 product is extraordinary, I love using it,&#8221; Zuckerberg said. &#8220;I’m really proud of the work that we’ve done there.&#8221;</p>
<p>Facebook shares were down more than 6 percent on Friday, however, as the company also revealed that its active user numbers in the US and Canada had dipped slightly in the quarter.</p>
<p>Other than slightly lower user numbers in its key market, Facebook beat earnings estimates across the board, including better-than-expected ad revenue boosted by spending returning following a second quarter slowdown.</p>
<p>Facebook beat revenue expectations by 80 cents, bringing in $2.71 per share versus the forecasted $1.91. The Menlo Park, Calif.-based company also raked in revenue of $21.5 billion, up 22 percent year-over-year and well ahead of the expected $19.8 billion.</p>
			
					
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                <dc:creator><![CDATA[GAGmen]]></dc:creator>
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