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Meta Platforms is opening up its VR/AR operating system in hopes of getting more adoption.
Microsoft (MSFT 3.46%) won the PC battle against Apple (AAPL 1.84%) by building an open ecosystem that other PC makers could tap into. Meta Platforms (META 2.49%) is trying a similar strategy in virtual reality and augmented reality, opening up Horizon OS, but will it succeed? Travis Hoium digs into the move in this video.
*Stock prices used were end-of-day prices of April 26, 2024. The video was published on April 28, 2024.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Apple, and Intel. The Motley Fool has positions in and recommends Alphabet, Apple, Meta Platforms, Microsoft, and Qualcomm. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel, long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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