21.7 C
Washington

Mark Zuckerberg’s Quest flex might end up backfiring on the Meta CEO

Date:

Share:



Hubris is said to come before the fall, and the swagger with which Mark Zuckerberg dunked on Apple’s $3,500 Vision Pro this week is giving critics an acute case of déjà vu. 

In an Instagram post, the Meta founder on Tuesday dismissed the premium mixed reality headset as inferior to his own Quest 3 mixed reality headset both in price and performance, calling the latter the “better product, period”.

But Zuck’s bravado is unflatteringly being compared to the overly hasty obituary for the iPhone written by rival Steve Ballmer when the revolutionary device first launched nearly 17 years ago.

“There’s no chance that the iPhone is going to get any significant market share,” the ex-Microsoft CEO famously predicted in 2007 in a quote that has since aged very poorly.

Like Zuckerberg, Ballmer primarily took issue with the price tag of the phone, ignoring the potential value it could offer consumers through a thriving digital app economy.

“Five hundred dollars? Fully subsidized with a plan? I said that is the most expensive phone in the world!” Ballmer said in a separate interview. “And it doesn’t appeal to business customers, because it doesn’t have a keyboard—which makes it not a very good email machine.”

In Zuckerberg’s recent criticism of Apple’s headset, the Meta founder similarly trashed everything from the Vision Pro’s design to its comfort and practicality in addition to its cost, at seven times the price of his Quest 3.

“Is Zuckerberg channeling Steve Ballmer by trying to diss Apple?” asked Glen Kacher, founder and chief investment officer at Palo Alto-based wealth manager Light Street Capital.

Is the Quest closer to Nokia or Blackberry

Ballmer eventually went on to regret his lack of foresight, which he blamed on a deeply ingrained cultural hostility at the company towards expanding into the hardware space.

According to the former Microsoft boss, senior management’s thinking at the time was very much anchored in the easily delineated business model that separated chips, system and software makers from personal computers. The company didn’t anticipate the shift towards end-to-end vertical integration that Apple popularized in the mobile space. 

The comparison with Ballmer isn’t entirely accurate, though. While the Microsoft boss said his biggest mistake was limiting their focus to Windows Mobile rather than entering the handset business earlier with a true iPhone competitor, Zuckerberg’s problem is just the opposite: He already has the hardware—it’s just not catching on.

A closer analogy is the possibility that Meta’s Quest is the Nokia or Blackberry of mixed reality headsets, a mass market device that lacks enough compelling content and useful applications because it failed to keep pace with innovation in the tech industry. 

It was only with this month’s arrival of the Apple Vision Pro that the technology suddenly gained broader pop culture prominence, in a blow to the Quest 3 that launched only four months earlier.

Zuckerberg did receive some moral support in response to his Ballmer-esque video, though. 

“He’s one of the most impressive CEOs there is,” wrote Kaushik Subramanian, a partner at early stage investor EQT Ventures, who once worked for the Meta founder. “Don’t bet against Zuck!”





Source link

Subscribe to our magazine

━ more like this

Jack Black abruptly cancels Tenacious D tour after his longtime bandmate joked about the attempt on Trump’s life

The comedy rock duo Tenacious D — made up of Jack Black and Kyle Gass — has canceled the rest of their tour after Gass’ remarks about...

The best Kindle deals available for Amazon Prime Day 2024

It’s no secret that Amazon sells some of the most popular e-readers on the market. Every Kindle I’ve ever tested has been snappy...

You can now tap your retirement account for a $1,000 emergency. But be careful

Between the soaring cost of living and sky-high interest rates, average Americans are strapped for cash, making it difficult to save for emergencies—or...

How to Embrace the Glorious Mess of Everyday Life – Tiny Buddha

“Embrace the glorious mess that you are.” ~Elizabeth Gilbert Let’s begin with a simple fact: life is inherently messy. Despite our best efforts to...

The Philadelphia Airport just recorded snowfall–in July

Las Vegas hit record highs of 120 degrees earlier this month and areas along the east coast are currently under extreme heat warnings,...