Qualcomm Backpedals on 10M Quest 2 Sales Figure, Calls It a ”third-party estimate”

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  • Qualcomm Backpedals on 10M Quest 2 Sales Figure, Calls It a ”third-party estimate”

    updated 1 week, 4 days ago 1 Member · 1 Post
  • Anonymous

    November 24, 2021 at 12:28 PM
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    Qualcomm held an investor event earlier this week where the company claimed that its partnership with Meta (formerly Facebook) had seen over 10 million Oculus Quest 2 units shipped since its launch in October 2020. Not so fast though: Qualcomm now says the 10 million unit figure was a third-party estimate and “wasn't meant as an official disclosure of sales numbers by Meta or Qualcomm.”

    Update (November 18th, 2021): In a statement provided to Road to VR, Qualcomm has clarified that the previously mentioned 10 million unit figure was the result of an estimate calculated using third-party data. Here's the statement in full:

    “During Qualcomm’s Investor Day event, CEO and President Cristiano Amon highlighted the momentum of the XR business and stated that Quest 2 has shipped an estimated 10 million units,” a Qualcomm spokesperson told Road to VR. “This number is an average of third-party market size estimates from industry analysts, and wasn’t meant as an official disclosure of sales numbers by Meta or Qualcomm. Snapdragon XR Platforms power over 50 commercial devices, including Quest, and Qualcomm’s early investments have established Snapdragon as the platform of choice for connecting physical and digital spaces.”

    It's important to note that Qualcomm knows precisely how many Snapdragon XR2s it's sold to Meta, and it's reasonable to infer that if the company feels confident in standing behind third-party data, then that number may not be too far off from the reality of things.

    The original article follows below detailing the Qualcomm CEO

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