Meta shifts hardware priorities toward wearables and AI
11/02/2026 — 11/02, 19:20·1 sources (all)·1 reports (all)
Key takeaways
- Meta CFO Susan Li said on the Q3 earnings call that Reality Labs revenue was $443 million, down 6% year over year, mainly due to lower Quest…
Background & analysis
According to an IT Home report on November 2, 2026, Meta CFO Susan Li disclosed during the company's Q3 2026 earnings call that the Reality Labs division generated $443 million in quarterly revenue, a 6% year-over-year decline attributed to softer sales of Quest headsets. Growth in the AI smart glasses business partially offset the shortfall.
AI-generated from 1 reports · updated 3 days ago
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Meta CFO Susan Li said on the company's Q3 earnings call that Reality Labs revenue fell 6% year over year to $443 million, driven by weaker Quest headset sales, while growing AI glasses sales partly offset the decline, according to IT之家. Meta is shifting more resources to wearables and AI and deprioritizing consumer VR and the metaverse, with Mark Zuckerberg saying VR is not abandoned but AI comes first for now.
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