Apple to offer vision of mixed-reality future beyond the smartphone

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Apple to offer vision of mixed-reality future beyond the smartphone
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Shares hit all-time high ahead of expected presentation of a headset, the most important launch in years

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The device is expected to cost $3,000 — 10 times that of the Meta Quest 2, the leading VR headset from Facebook’s parent company, and three times the cost of Meta’s higher-end Quest Pro headset. As previously reported by the Financial Times, the headset is something of a compromise device. Apple’s original vision, in 2016, was for lightweight AR glasses rather than an immersive headset. But industry experts say such technology remains several years away.

“Everyone is saying it’s three to five years away but they’ve been saying it the last 10 years,” he said. “We have companies and sectors where we can provide value right now — not five years out,” she said. “There is a return on investment in these areas [but] it’s largely the public sector, it’s healthcare, it’s inside the operating room and industrial settings.”

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