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Zuckerberg: Oculus Needs to Sell ’50 to 100 million units’ to be ‘Meaningful’

With Facebook purchasing Oculus VR for some $2 billion USD earlier this year, it’s obvious that the company has big expectations for the virtual reality (VR) specialists and its Oculus Rift head-mounted display (HMD). This week Facebook CEO Mark Zuckerberg revealed just how high its hopes for Oculus VR are. Speaking during a quarterly earnings call Zuckerberg stated that, to be ‘meaningful’, the company will have to sell ’50 to 100 million’ HMDs in the future.

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As Gamasutra reports, Zuckerberg stressed that his expectations for Oculus VR were long-term and that it was still an early time for the company. He also acknowledged that the Samsung Gear VR, a smartphone-based HMD made in partnership with Oculus VR, is very much one of the products that will count towards that total.

“It needs to reach a very large scale — 50 to 100 million units — before it will really be a very meaningful thing as a computing platform,” Zuckerberg said, “so I do think it’s going to take a bunch of years to get there. Maybe, I don’t know — it’s hard to predict exactly — but I don’t think it’s going to get to 50 or 100 million units in the next few years, right? That’ll take a few cycles of the device to get there.

“And when you get to that scale, that’s when it starts to be interesting as a business, in terms of developing out of the ecosystem. So when I’m talking about it as a 10-year thing, I’m talking about building the first set of devices, and then building the audience and the ecosystem around that, until it eventually becomes a business.”

Recently Oculus VR revealed the latest prototype for the Oculus Rift, dubbed Crescent Bay. While in no way a finished product, the company has said that the device is close to what will be seen in the anticipated consumer version of the Oculus Rift. Launch dates for that consumer version are yet to be revealed. VRFocus will continue to follow Facebook, Oculus VR and the Oculus Rift closely, reporting back with all the latest updates on each.