Well, it looks like all of the big players are finally in the VR business now. Multiple reports are surfacing saying that Microsoft is currently working on a virtual reality headset and that we could be seeing an official reveal as early as E3 2015 in June.
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According to a report by DigiTimes, Microsoft is already planning to mass produce its own VR headset next year with an expected announcement at next year's E3. Though the report calls the headset a "gaming device," it notes that its development is being led by the same internal team that produces Microsoft's Surface line of tablets.
Not long after DigiTimes' report, TechRadar reported that Microsoft's VR system is so far into development that some developers have already been given prototypes, presumably so they can start trying to get unique VR gameplay experiences ready for presentation at E3.
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It never really was a question of if Microsoft would enter the VR business but rather when they would. Oculus and its Rift may have opened the VR discussion, but the company's failure to get a consumer model out to the public left the door open for more established tech giants to claim their stake in the niche market. Console competitor Sony has already announced its in-progress Project Morpheus, Samsung recently released the Gear VR accessory for the Galaxy Note 4 and even Google has its DIY approach with Google Cardboard.
If Microsoft can really stick to this rumored 2015 schedule, though, they have a chance to make their entrance into this market without falling too far behind the companies that are already there.
(Thanks, GameSpot)