Best Buy to Unveil Oculus Rift VR Headsets

By Paul Ausick Updated Jan 13, 9:46AM EST · Published May 6, 10:50AM EDT

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Best Buy to Unveil Oculus Rift VR Headsets — © Thinkstock

About two years ago, Facebook Inc. (NASDAQ: FB) paid a reported $2 billion to acquire virtual reality (VR) headset maker Oculus Rift. And despite delays getting the product out the door, buyers will be able to attend an in-store demo and, if they’re extremely lucky, purchase one of a limited number of the headsets Saturday at 48 Best Buy Co. Inc. (NYSE: BBY) stores.

The headset maker has been taking orders for the headsets and had planned to begin shipping the units to customers last month. Those deliveries have been pushed out until July due to parts shortages, and the number of headsets available through Best Buy is said to be “extremely limited.”

Amazon.com Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT) also will have a few headsets available for online sales beginning at noon Friday, according to a report at The Verge.

The VR headsets sell for $599.99 at Best Buy and it is not clear if the company will be selling them through its online store. Right now the web page says that shipping is not available and store pickup is coming soon. That probably will change on Saturday, but for now shoppers can only add the headset to a waiting list or the wedding registry(!).
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The price of the headset is really only part of the cost however. Best Buy notes that an Alienware X51 gaming desktop selling for $1,200 is also purchased with the headset (which isn’t for sale yet, but you get the drift). Regardless, a high-end PC with fast graphics and plenty of connectors is a must-have.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.