Forum Overview :: American McGee's Honda Civic :: Dented Reality: Magic Leap Sees Slow Sales, Steep Losses

[quote name="blackwater"]Sounds like another unicorn is in trouble. <a href="https://www.theinformation.com/articles/dented-reality-magic-leap-sees-slow-sales-steep-losses?utm_source=hackernews&utm_medium=unlock">Dented Reality: Magic Leap Sees Slow Sales, Steep Losses</a> [quote] Magic Leap aimed to sell at least 100,000 headsets in first year... After the first six months on the market, it instead sold around 6,000 units. [/quote] Palmer Lucky <a href="https://palmerluckey.com/magic-leap-is-a-tragic-heap/">shit all over their device.</a> [quote] The Magic Leap One, which retails for $2,300—underwhelmed many reviewers when it came out last year, with Oculus VR co-founder Palmer Luckey calling the device a "tragic heap." [/quote] <img src="https://i1.wp.com/palmerluckey.com/wp-content/uploads/2018/08/image.png" width=50%> [quote] While it has raised a large amount of funding in the past, Magic Leap is an expensive operation. Throughout 2018, the company burned around $40 million to $50 million per month, according to two people with knowledge of its finances. It currently has roughly 1,700 employees in offices scattered around the world. [/quote] Well, at least they have solid leadership. [quote] Magic Leap was founded in 2010 by Rony Abovitz, an eccentric, 47-year-old Florida native who once gave a TED talk in a spacesuit surrounded by people dancing to music in furry monster costumes [/quote] Oh.[/quote]