The creator of Oculus Rift insists they make no money on the £500 headset, but has apologised for not warning about the price earlier.
The £500 price tag for the Oculus Rift may have come as a shock to many but Oculus VR founder Palmer Luckey insists that not only is it good value for money but that the company makes no profit on the hardware.
Both claims are probably true, and since Facebook bought the company they can certainly afford to go without profits for a long… Read the full story