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On Wednesday, Meta blamed everything from Reels to Apple for disappointing growth in the last quarter of 2021. And its Reality Labs section consistently lost billions despite high
Meta's VR division posts $10.2 billion loss in 2021, company shares drop 20%, The Virtual Report.biz
Meta reports Q2 operating loss of $2.8B for its metaverse division
Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
Meta's VR division lost nearly $14bn in 2022
Global Exclusive Meta's Quest for Business targets 80,000 paid subscribers by year-end
Meta's VR division lost $3.7 billion last quarter, bringing total losses to almost $40 billion since 2020
Meta's AR/VR Business Lost $7.7 Billion in the Past 6 Months - CNET
Meta's Move to the Metaverse Drags Down Profit - The New York Times
Meta's Earnings Call Wipes $200bn Off Market Value Overnight