Facebook (NASDAQ FB) is back in the relevant news section. The social networking giant’s subsidiary branch, Oculus, is going to start shipping its virtual reality hardware from 2016. The virtual reality hardware named Rift, has been eagerly anticipated by many in the market. It would be interesting to see how the market and the stock might react to this shipment process.
Here in this article, we will take a closer look at the Oculus division of Facebook (NASDAQ FB). A look at the features and specs of Rift can give us a better idea about the whole deal.
We will also take a closer look at how the Facebook (NASDAQ FB) stock might react in the coming days with the start of the shipment. It would be intriguing to look at these aspects.
Facebook Inc: Oculus Doing a Great Job
Oculus Rift would start shipping from the first quarter in 2016. The virtual reality equipment should be a huge deal in the coming months. It is sure to attract a lot of interest in the market. Oculus would also be revealing the software and hardware specification shortly.
Once the specifications are out, we may be able to get a better view of the product. Oculus Rift enter a very upcoming but competitive segment which has a lot of other major players. Microsoft would need to do well in order to compete.
Facebook Inc (NASDAQ FB) Business News
Facebook (NASDAQ FB) remains a good buy for people looking at a decent return on the long term. The stock has led the social networking segment with ease and it would be hoping to enter new segments as this piece of news shows. It would be interesting to see how the stock reacts in the coming days. Stay tuned for updates.
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