VR price crash prediction?

[1./KG4_OldJames]

https://goo.gl/pM4k8N I hope it happens.

[HagarTheHorrible]

I'm afraid I wouldn't get your hopes up. Not that accessing VR won't become cheaper, it's just that the top end, most expensive headsets are only just acceptable, for flight sims, cheaper ones will offer an experience but while it might be fine for lots of games etc, just like the Samsung Gear it possibly won't be anything like a good enough competitor to the Qculus or Vive, or at least not for a few years yet. At the moment, when it comes to VR there aren't any free lunches.

 

I know it might be frustrating to have to wait but if funds are't there for a top end headset then grit your teeth, get google cardboard, or some such, to get a flavour without the cost (if you have a suitable phone obviously) and start saving now towards either second hand, first generation, or new headsets from other suppliers that are cheaper but offer an experience on a par with, at the least, present top end sets. It's probably going to be another year, minimum, probably two, until the next generation headsets will hit the market, it's amazing, just putting a little away every day can save over that period of time. Just deny yourself the occasional chocolate bar, fag ( that's a cigarette you colonial bottom feede..... "No, maybe that doesn't help :-), beer, sandwich or woman of uncertain values. It all adds up.

[1./KG4_OldJames]

You have no faith in the speed of technology

[-IRRE-Wibration]

Valve and HTC said something like their prefer to focus on improve the ecosystem and functionality before trying to optimize production to bring down costs.

[Nibbio]

Production cost has nothing to do with price. Price is exclusively determined by demand, even in perfect markets with high competition.

If demand is high and there are relatively few competing producers, prices will remain as high as consumers are willing to pay, regardless of technical innovations that may reduce costs.

 

Also, in general, technical innovation means a product with more features, not a cheaper product. You can find examples everywhere in consumer electronics.

When the next generation of VR devices will come to market, there will probably be a lot of used 1st gen VR devices laying around, but no one will want them, just like no one wants to buy a 3 years old GPU...

[sinned]

"Production cost has nothing to do with price. Price is exclusively determined by demand, even in perfect markets with high competition"

 

What kind of sh*t school teach this kind of crap or we living in a communist country?

 

Forget video gaming or vr, you need to read some books and go to school. Google bep and think about why this is important.

[Nibbio]

https://en.m.wikipedia.org/wiki/Supply_and_demand

 

Don't be scared Sinned, it's easier than it seems

[sinned]

Omg... did ur school seriously teach you to apply that macro theory on a micro level?

 

I just cringed when i realized that supp dem graph is the base of your argument.

 

You need a lot more to learn than supp demand curve even to have a chance to even comprehend materials of cfa lvl i.... drop pc.. go study.. make your parents happy...

[Nibbio]

Omg... did ur school seriously teach you to apply that macro theory on a micro level?

 

I just cringed when i realized that supp dem graph is the base of your argument.

 

You need a lot more to learn than supp demand curve even to have a chance to even comprehend materials of cfa lvl i.... drop pc.. go study.. make your parents happy...

 

LOL, a bit late for that I'm afraid... sadly my parents have passed away a long time ago.

I'm quite done with studying: engineering degree and currently a service industry exec, alas close to retirement. BTW hope you are doing well in college, or is it high school yet?

Edited May 4, 2017 by Nibbio

[sinned]

Sorry, based on " engineering degree and currently a service industry exec", you are not in my league. 

[dburne]

Valve and HTC said something like their prefer to focus on improve the ecosystem and functionality before trying to optimize production to bring down costs.

 

With the plans for Oculus' CV2 of the Rift, a price increase over CV1 is anticipated.

https://www.vrdiscussion.com/blog/article/26-oculus-rift-2-what-when-to-expect/

[Nibbio]

With the plans for Oculus' CV2 of the Rift, a price increase over CV1 is anticipated.

https://www.vrdiscussion.com/blog/article/26-oculus-rift-2-what-when-to-expect/

 

Price Forecast

 

Oculus Rift CV1 cost around $800 with touch controllers and accessories, the prices will drop in the next couple of years. For Oculus Rift 2, the expected price tag would be a bit expensive than the current VR. According to BI Intelligence, the price of Rift CV2 in 2019 would be around 1000 USD or even more than that. Considering all the new tech, high – end features and research that’s going into making the Oculus Rift CV2 its seems plausible that it will get a price tag for over $1000.

 

Makes sense to me.

Edited May 4, 2017 by Nibbio

[Thad]

One thousand dollars!

 

That will NOT increase the number of VR purchases.

 

Those $1,000$ VR systems better be able to give one an orgasm on demand.

[HagarTheHorrible]

One thousand dollars!

 

That will NOT increase the number of VR purchases.

 

Those $1,000$ VR systems better be able to give one an orgasm on demand.

I suspect there might be an accessory for that !

[HunDread]

Sorry, based on " engineering degree and currently a service industry exec", you are not in my league. 

You have expressed how clever you are and how stupid others are you just haven't expressed your opinion yet. I'd like to hear what a real expert has to say.

 

Thanks

[Thad]

I suspect there might be an accessory for that !

LOL... I'll add two.

[sinned]

You have expressed how clever you are and how stupid others are you just haven't expressed your opinion yet. I'd like to hear what a real expert has to say.

 

Thanks

Woah... hold your horses... you are jumping a lot of lines there. I never claimed "how I am clever and how others are stupid". All I said was people are in different leagues. I am just a hobo.

 

That said, if you are genuinely interested and would like to hear my opinion about how flawed asset pricing model solely based on supply and demand theory is, then pay me. I love to donate that income to 777. Market rate please. I would be then glad to shed some light about petchem pricing model, a basic and fundamental pricing model based on cyclical cost of raw material and production. (This is also applicable to cheetos and pringles fyi)

 

Applying macro economics theory to micro level is a joke. There is a good reason why colleges have macro and micro econ curriculums seperated. I hope they still do. accounting, finance and economics are not science.

[HunDread]

Thanks but no. When I said I was interested in what a real expert has to say, well, that was not really true. Sorry about that.