You might be right. I just took a look at the sales, and last year did see a 12% drop. Apple’s Vision Pro is over priced and lacks software, and the Meta Quest 3 saw high initial sales but has dropped a lot since then.

It is definitely a very niche product with a high price point that prevents it from making broader market appeal.

But oddly, Meta is reporting increase in VR game revenue, so I guess games are still selling on its platform at the least.