Quest is Outselling Nintendo Switch 2 on Amazon (and every other game console)

The only one that need to come back to reality is you and understand that people like different things :D

So PSVR2 sucks because it's linked to a console?

Europe has a very different business culture. There are companies here that have lasted for literally hundreds of years, and there is a much bigger focus on small and medium sized businesses. And the owners are expected to keep their companies alive and their employees employed, and bankruptcy is frowned upon and seen failure. Plus there are a lot of consumer and environmental protection laws that limit the level of try-and-error possible.

While this has a number of positive, stabilizing consequences, it also meant that there was much less of a startup scene in Europe, and the startups were less driven by venture capital asking for fast profits, and more by conservative banks. This has changed somewhat during the last few decades, but it is much harder to get a high risk venture going in Europe, and even if you manage, it is much harder to sell that high risk business to a larger company. There are now a lot of smaller, often software centered startups, and their exist strategy is often to be bought by a US companies like Meta or Apple.

Europe had/has a couple of consumer electronics giants like Philips, co-inventor o the CD and endless amounts of home appliances, or Nokia producing the only phones that will not crack when dropped, but instead damage the floor. But the huge amounts of money required for a large global consumer electronics launch aren't that easy to come buy in Europe.

Even in China with some crazy financial bubbles like their housing sector risking (and losing) trillions, it took ByteDance/TikTok with a giant social network drafted after US tech companies with "move fast and break things" and "it's easier to ask for forgiveness than for permission" attitudes, to even consider trying to launch Pico 4 globally, and then quickly retract. A company like OpenAI would never fly in Europe, as a) they would never get that amount money based on a promise without any already proven business case), b) would have been struck down just for there data collection and lacking user privacy guarantees, c) would have met massive opposition from local population when trying to build resource hungry data centers anywhere, d) would have gone broke from the energy bill alone, and e) would be under massive supervision by regulatory entities just for all the kind of circle deals they do with companies like Nvidia, with Nvidia investing into Open AI to buy more Nvidia hardware, inflating both companies value.

So yes, Europe is much more risk aware, and puts a lot more obstacles in the ways of those that want to take huge risks. This is partly a cultural, partly a historical thing and partly very conscious policy. It means the next iPhone probably won't come out of Europe, but it is not all that bad. The currently most important EU consumer electronics exports are probably safety, user privacy, user rights and environmental rules, which technically only apply to the 550M EU citizens and companies selling to them, but in a globalized world then often are applied to everything, because it makes no economic sense to build products to lower standards for other countries.

The BBC micro with its really exemplary concept of democratizing computing skills still lives on with the Raspberry Pi, another UK product, that silently took a specific part of the world by storm. By unit numbers, Raspberry Pis are the still most numerous computers in my household.

And in similar ways the Arduino's out of Italy drove the world of electronics tinkering forwards. Neither will ever become an electronics giant, as their open business policy neither allows nor aims for that. Which on the one hand nice, as it puts consumer needs first, but on the other hand limits their options, with financially struggling Arduino recently sold to Qualcomm, which then immediately changed some of the licenses to be less open.