Dividend Downfalls: Meta
Meta (Facebook) stock prices have risen by 130% over the last five years to a record level of $380. However, this year stocks plunged to $160 amid market correction and some bad news for the company itself. Meta’s Facebook and Instagram have lost part of the young audience that moved to TikTok. Nevertheless, Meta stocks are seen to be heavily undervalued as the company continues to introduce new services such as Quest Pro AR, which has to do with virtual reality equipment, in October 2022.
Meta is betting on the Metaverse segment development. The company changed its name to Meta to show that it is going to expand beyond Facebook and other social media platforms. That is how significant the metaverse segment is for Meta. The company plans to launch a high-end headset for virtual and augmented reality, which altogether with controllers, virtual reality glasses, batteries, and cables are estimated to cost around $1500. Virtual reality glasses alone would cost a minimum of $799.
Meta is surely ahead of its rival Apple that is planning to launch it virtual reality headset in 2023 at much higher prices of around $2000. Nevertheless, Apple is a serious competitor that may nudge Meta to lower its end prices for Quest Pro AR. Meta may lower its prices during the Christmas sales. So. It may be well ahead of Apple to win consumer hearts and eyes to become a leader in the premium VR devices segment.
Disclaimer:
The comments, insights, and reviews posted in this section are solely the opinions and perspectives of authors and do not represent the views or endorsements of RHC Investments or its administrators, except if explicitly indicated. RHC Investments provides a platform for users to share their thoughts on financial market news, investing strategies, and related topics. However, we do not guarantee the accuracy, completeness, or reliability of any user-generated content.
Investment Risks and Advice:
Please be aware that all investment decisions involve risks, and the information shared on metadoro.com should not be considered as financial advice. Always conduct thorough research, seek professional advice, and exercise caution when making investment decisions.
Moderation and Monitoring:
While we strive to maintain a respectful and informative environment, we cannot endorse or verify the accuracy of all user-generated content. We reserve the right to moderate, edit, or remove any comments or posts that violate our community guidelines, infringe on intellectual property rights, or contain harmful content.
Content Ownership:
By submitting content to metadoro.com, users grant RHC Investments a non-exclusive, royalty-free license to use, display, and distribute the content. Users are responsible for ensuring they have the necessary rights to share the content they post.
Community Guidelines:
To maintain a positive and respectful community, users are expected to adhere to the community guidelines of Metadoro. Any content that is misleading, offensive, or violates applicable laws and regulations will be subject to moderation or removal.
Changes to Disclaimer:
We reserve the right to update, modify, or amend this disclaimer at any time. Users are encouraged to review this disclaimer periodically to stay informed about any changes.
