Speaking at Web Summit 2014 in Dublin, Brendan Iribe, said (via The Next Web), "We're all hungry for it to happen. We're getting very close. It's months, not years away, but many months."
According to Iribe, the company has grown after the acquisition by Facebook in March, and now with a separate R&D division, the number of employees has increased from 75 to over 200.
Iribe also said that company's latest Crescent Bay prototype is "largely finalised for a consumer product", which was announced in September. Crescent Bay is an upgraded prototype of the Oculus Rift virtual reality headset that has higher resolution and built-in audio.
While the exact timing of the launch of the consumer version of the Rift virtual reality headset was not shared by Iribe, one thing we know from previous coverage is its approximate price.
In September, Oculus VR Founder, Palmer Luckey, in an interview said that the price range of the consumer version of the Rift could be between $200 and $400, which will depend on a number of factors.
(Also see: Five Essential Oculus Rift Gaming Experiences)"We want to stay in that $200-$400 price range, [...] That could slide in either direction depending on scale, pre-orders, the components we end up using, business negotiations," said in an interview to Eurogamer.(Also see: Seven Amazing Apps for the Oculus Rift That Aren't Games)