https://www.bloomberg.com/news/articles/2024-03-18/sony-hits-pause-on-psvr2-production-as-unsold-inventory-piles-up

Sony Group Corp. has paused production of its PSVR2 headset until it clears a backlog of unsold units, according to people familiar with its plans, adding to doubts about the appeal of virtual reality gadgets.

Sales of the $550 wearable accessory to the PlayStation 5 have slowed progressively since its launch and stocks of the device are building up, according to the people, who asked not to be named as the information is not public. Sony has produced well over 2 million units of the product launched in February of last year, the people said.

It's like guitar hero, it's cool and then you move on.

IMO it's extremely difficult to sell a $500 VR system that only works with a specific console. Until they make it 100% compatible with PC, I don't see them making any progress with the hardware.

I'm also of the opinion that VR needs to be as accessible as possible and tethering your self to a living room console is the opposite of that. The Quest still has the right idea IMO... a powerful stand-alone headset that you can use all over the house or use on the go.

Way too expensive for a very limited use case

The pricing on this was stupid and releasing it less than a decade after the first already highly priced VR headset they put out was also stupid. How are prospective buyers not supposed to look at the half@ss effort they put into curating an expansive library of games for their first one and think that $500 is an outrageous ask.