oculus

Oculus announces $200 price drop on the Oculus Rift hardware bundle

Written by Joseph Nordqvist

Published: 00:48, March 2, 2017

Oculus is addressing one of the main barriers preventing people from making the VR jump: its high cost.

The Facebook-owned VR company announced a massive $200 price drop on the Oculus Rift hardware bundle, making the headset more affordable for a mainstream market.

One of the main reasons VR headset sales have failed to impress investors comes down to its high price, prompting consumers to postpone purchases until VR hardware becomes cheaper.

oculus
Source: Oculus

In an interview with Polygon earlier this week, Jason Rubin, Oculus VP of content, said that the firm has “given hundreds of thousands of demos”, and at the end of each demo Oculus gives out a survey for feedback on the user experience.

“All the surveys say ‘This is awesome. I want to buy VR.’ The vast majority of people are blown away; those that don’t buy, the number one reason they don’t buy is price,” Rubin said.

Nate Mitchell, Co-Founder and vice president of product at Oculus, said in an official blog post that the price-cut represents another major step forward in making VR available to everyone.

“We’re coming up on the one-year anniversary of shipping Rift, and the quality of content, the breadth of experiences, and the commitment from the developer community have never been stronger.

“As we look to the year ahead, we’re focused on driving the industry forward by bringing VR to more people with the best products and the leading VR content line-up.

“That starts with making PC VR as affordable as possible. We’re excited to announce that starting today, Rift plus Touch is now only $598 (from $798). If you already have Rift, Touch is now only $99, and the price of an additional Oculus Sensor is now $59.”

 

Joseph Nordqvist Avatar

Other News

Why strong headline earnings growth needs a closer look

Oct 19, 2026

Why a supply-chain backup plan can fail when disruption strikes

Oct 19, 2026

Streaming customers are canceling and returning, changing the meaning of loyalty

Oct 19, 2026

Why falling consumer confidence is not a sales forecast

Oct 19, 2026

MidOcean and Idea Financial form venture for small-business loans up to $1 million

Oct 18, 2026

AI incidents reach senior leaders while governance changes lag, IBM survey finds

Oct 18, 2026

Euro area trade deficit widens as imports outpace exports

Oct 18, 2026

New studies examine research costs alongside academic publishing profits

Oct 18, 2026

Tariff uncertainty disrupts supply-chain sustainability plans, MIT survey finds

Oct 18, 2026

EU water accelerator seeks projects to attract private investment

Oct 18, 2026

MIT model links crystal structures with language to aid materials searches

Oct 18, 2026

Smaller, longer-lasting batteries could help cut supply-chain emissions

Oct 17, 2026

Glowing liquids could give products harder-to-copy security markings

Oct 17, 2026

Proofpoint agrees to buy Varonis in $6.3 billion data security deal

Oct 16, 2026

EU tourist accommodation records 3.14 billion nights in 2025

Oct 16, 2026

Travelers profit edges higher as investment income sets a record

Oct 16, 2026

Euro-area inflation reaches 3.8% as energy pressure intensifies

Oct 16, 2026

UK regulator proposes new oversight of Microsoft business software

Oct 16, 2026

US industrial output rises 0.7% as utilities outpace factories

Oct 16, 2026

Mercedes-Benz extends Nvidia partnership for automated driving

Oct 16, 2026