By Sabela Ojea

Meta Platforms Inc. is cutting the prices of its Quest Pro virtual reality headsets months after its launch.

Starting Sunday, the social media giant's Meta Quest Pro headsets will be priced at $999.99 from $1,499 previously in the U.S. and Canada.

Meta's latest face computer was launched in October.

The company is also cutting the price of its Quest 2 256 gigabytes VR headsets--once known as the Oculus Quest 2--to $429.99 from $499.99, the company said Friday.

The new selling price will also be effective on March 5, it added.

Meta's aim is to widen the availability of its face computers to more businesses and professionals around the world, the company said.

Meta Platforms saw revenue for its reality labs business drop 17% to $727 million in its latest quarter.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

March 03, 2023 12:31 ET (17:31 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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