Meta's Partnership with Microsoft boosts options and outlook

Meta Platforms (NASDAQ: META) has continued to feel the pressure lately. The recent reveal of the new Meta Quest Pro didn’t do much for the share price. With sights set on the enterprise (the future of the workplace) and gaming, many investors may think the firm is getting a bit ahead of itself. Regardless, Meta’s ambitions, I believe, could translate into improved fundamentals a lot sooner than many metaverse skeptics think. The most remarkable part of the Meta Connect 2022 presentation was not the Quest Pro headset itself. Instead, the partnership with Microsoft (NASDAQ: MSFT) seemed incredibly intriguing. Meta Quest devices will have access to select MSFT apps.


Meta Platforms: Aiming for Enterprise Growth with the Quest ProUnderstandably, not everybody can afford to drop $1,500 on a pro-level mixed-reality headset for entertainment purposes – not until the metaverse and VR/AR headsets become more widely adopted, like today’s smartphones. That’s why I think Meta’s enterprise angle is intriguing in its own right. While a looming economic recession may take a hit on corporate budgets, I do think various forward-thinking firms are open to buying headsets for their remote or hybrid employees if productivity is enhanced by such investments.
Meta’s partnership with Microsoft could be vital to making the Quest Pro (and the metaverse) a profitable endeavor over the medium term. Microsoft is already the king of the workplace, with Teams and Office. With virtual-reality-enabled versions (think Mesh for Microsoft Teams) of such software available to the public, I find it hard to dismiss Meta’s metaverse any longer.

Sure, it may seem far-fetched to many, but partnerships could accelerate the metaverse uptake by some time – perhaps years.
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