Reality Labs Sales Fall 26%: Investing in Metaverse

Reality Labs sales fell 26% to $210 million, losing $25 billion on the metaverse. Apple's Tim Cook dislikes Mark Zuckerberg and sees the harm he's causing. However, Apple's announcement of a $2,500 headset made Meta's headset seem outdated. Old Navy's success as a retailer is attributed to offering 80% of the quality at 50% of the price, similar to Southwest Airlines and JetBlue. The same concept applies to the Oculus headset.