Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday January 07, 2016

Oculus Founder Defends $600 Price Tag

According to this AMA with Palmer Luckey, the founder of Oculus "handled the messaging poorly" when he announced the "ballpark" $350 price range for the Rift earlier this year. I like the comment he made about reselling the included Xbox controller for profit.

My answer was ill-prepared, and mentally, I was contrasting $349 with $1500, not our internal estimate that hovered close to $599 - that is why I said it was in roughly the same ballpark. Later on, I tried to get across that the Rift would cost more than many expected, in the past two weeks particularly. There are a lot of reasons we did not do a better job of prepping people who already have high end GPUs, legal, financial, competitive, and otherwise, but to be perfectly honest, our biggest failing was assuming we had been clear enough about setting expectations. Another problem is that people looked at the much less advanced technology in DK2 for $350 and assumed the consumer Rift would cost a similar amount, an assumption that myself (and Oculus) did not do a good job of fixing. I apologize.