Will Facebook’s Oculus Rift Fail Just Like The First Generation Of Google Glass?

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The $600 Oculus Rift is $200-$250 more expensive than the Xbox One and PlayStation 4 consoles, but it will need a high-end PC to run with (with GPUs created by Nvidia, as Facebook recommended), and the cost of a powerful computer is around $1000, which, together with the virtual reality headset, it will increase the total price at over $1500, which is exactly the price that the first Google Glass came with. But the latter had an unfortunate fate because of the low sales and Google stopped producing it.

$600 might not be a high price, but as we told you in the intro, it needs to be coupled with a high-end PC, and you won’t find one that is below $1000. This requirement is somehow a downside, because there aren’t many people with lots of money and they can’t afford to upgrade their old computers, in order to be able to use the Facebook-owned Oculus VR.

Let’s not make any confusion, because the Oculus Rift and the Google Glass are very different and the latter was a commercial failure because its creator didn’t know how to prove its value proposition, while Oculus is relying on hardcore gaming enthusiasts which will fall in love with the VR experience. Google has another product, the Cardboard, which costs $20 and works with a smartphone, but its functionality is limited.

Oculus will surely have a huge impact, as five hundred people from Facebook worked hard to make sure that this product will obtain great reviews, while Google has refused to reveal the number of people that have developed Cardboard.

VR is in its early phase, and there aren’t many products on the market, but in 2016 were announced a few important headsets. The Oculus Rift is rumored to grab 30 percent of the market and will help Facebook earn $720 million from its sales by 2018.

Sources: Amigobulls & CNBC