"I love consoles but internally we're a lot more excited about where mobile's going to go, and being able to plug it right into a next gen cellphone," Iribe said. "Those things are almost doubling every year, compared to a console that's just stuck it out for eight years."
Iribe hopes to have the Oculus Rift on the market by next year, but he's unwilling to make any promises.
"We don't want to announce any dates because frankly we just don't know when it's going to be really ready," Iribe said. "You have the form factor, HD, motion blur...we don't know how long that will take."