Facebook parent Meta rallies 3% as the app for its Oculus headset hits No. 1 in Apple's App Store

A woman is wearing a virtual reality headset.

The images are from the PA Images.

The most popular download on Apple's App Store on Christmas was the Meta's Oculus virtual reality app.
The app that had the most downloads was the one from the company called the Oculus. Meta has not disclosed how many headsets it has sold.

This is the first time in history that the app was the top downloaded on Christmas. Since it announced its name change from Facebook, Meta Platforms has dominated metaverse conversations.
At 12:22 p.m., Meta stock was up 3%. After climbing as high as $346.52 on Monday.

According to a note by KeyBanc Capital Markets analyst, the app-download data shows that the Oculus was a popular holiday gift and may have benefited from a shortage of gaming consoles. He said that on Christmas Eve, the Oculus was among the top five entertainment apps in five countries and a top 10 overall app in the US.

Mark Zuckerberg, the CEO of Meta, said earlier this year that the metaverse is going to be the successor to the mobile internet.

Business Insider has an original article.