OculusRiftShot 12 Jun

Speaking to Ars Technica, Oculus CEO Brendan Irebe has confirmed that the consumer version of the Oculus Rift headset will cost less thanks to Facebook’s recent acquisition of the company.

“I think [the buyout] is going to allow us to deliver consumer V1 at a lower cost, because we’re not trying to drive a high margin on this,” Iribe said, in part. “[Facebook CEO] Mark [Zuckerberg], especially, wants to bring the cost down, him more than me […] Mark is much more in the mindset of ‘Let’s get this to scale with the best quality product at the lowest cost possible.'”

Irebe also said that the company is hoping for the first consumer version of the Rift headset to sell just “north of a million units”. He noted that Oculus would be “disappointed” if it wasn’t out by the end of 2015.

“As that kind of comes together, we have the hardware in place for consumer V1, and there’s a lot of content, and there’s a platform and an ecosystem for people to be able to monetize, that will all come together for a consumer V1,” he added. “There’s a lot of rich content being made, but we need a lot more of it.”

(via CVG)