Can Facebook Really Reach One Billion VR Users?

Can Facebook Really Reach One Billion VR Users?

Facebook (NASDAQ: FB) CEO Mark Zuckerberg recently set a long-term goal of reaching a billion users with its virtual reality business. That ambitious target would make VR rival smartphones, which reached 1.5 billion users last year, a mainstream computing platform.

Zuckerberg should set some long-term goals for Oculus, which Facebook acquired for $3 billion three years ago, but a billion users sounds far-fetched. Let's take a look at how Facebook's VR business has fared so far to understand why reaching a billion users could be a pipe dream.

Image source: Getty Images.

Continue reading

Source: Fool.com