Much-hyped virtual reality system Oculus Rift priced

FILE - In this June 11, 2015, file photo, the new Oculus Rift virtual reality headset is on display following a news conference in San Francisco. The much-hyped Oculus Rift virtual reality headset will cost $599 and ship to 20 countries beginning on March 28, the company said Wednesday, Jan. 6, 2016. (AP Photo/Eric Risberg, File)

LAS VEGAS (AP) The much-hyped Oculus Rift virtual reality headset will cost $599 and ship to 20 countries beginning on March 28, the company said Wednesday.

Bundles that include a powerful computer needed to use the device will be available for pre-order in February starting at $1499.

The pricing details and shipping information had been long awaited. Oculus, which Facebook bought in 2014 for $2 billion, began accepting pre-orders for the device at 11 a.m. E.T. on Wednesday.

It will also be available in some undisclosed retail locations starting in April.

The Rift comes with a built-in headphones and mic, sensor and an Xbox One controller. It also comes with a remote to help navigate virtual worlds.

PiperJaffray analyst Gene Munster said the cost of the Rift is higher than the $449 he expected, but said he still expects a few hundred thousand units to sell during 2016.

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