Facebook Inc (NASDAQ:FB) Widening Its Vision For The Future

by Dagmark Garcia | Monday, Apr 7, 2014 | 1398 views

Boston, MA, 04/07/2014 (usastockreports) – With the acquisition of Ocular VR for $2 billion, Facebook Inc (NASDAQ:FB) has announced its intention of widening its reaches into the gaming world. Though it is a considerably new entrant in the field, Oculus VR managed to attract the attention of the social media giant due to the successful introduction of its virtual reality headset, the Oculus Rift. This newest offering has managed to impress even the most hardcore of VR opposition members with the impressive sense of reality offered by it. It has reportedly made some of the users even suffer from vertigo when “looking” down from a considerable height.

Folly or foresight

Facebook Inc (NASDAQ:FB)’s CEO, Mark Zuckerberg, and his panel of advisors see the uses of these VR glasses transcending the field of gaming, and brought into daily life in ways similar to video conferencing technology, enabling the enhancement of connectivity. Even then, the projected potential, of these thin and high-resolution screens, to revolutionize the world of gaming alone vilifies the expense for FB. The gamers are salivating at the idea of actually being in the game and experiencing the heat rather than merely playing it from behind the safety of their screens, it seems to have a fair chance at succeeding where others have not.

Distortions in the picture

With the many prior dismal attempts, to achieve similar results,having never caught up with mass appeal, it cannot be ruled out that Facebook’s lack of popularity with staunch gamers could further hamper themarket value of the product. The closest any of them came to being coveted so much, would be in the case of Google’s Glass smart specs. But there is a need for serious PR activities designed to promote the product and find a wider kitty of clientele with diversified interests. Else, Facebook Inc (NASDAQ:FB)’s earnest acquisition and the profits expected from it, could end in ignominy.

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