Apple Cuts Sales Outlook For Mixed-Reality Headsets Before Launch In June: Report
Portfolio Pulse from Nabaparna Bhattacharya
Apple has reportedly lowered its sales estimates for its mixed-reality headsets before its expected launch in June. The company initially aimed to sell 3 million units annually but has now reduced its forecast to 900,000 units. The headsets are expected to contribute over $25 billion to Apple's annual revenue.
May 18, 2023 | 4:50 pm
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Apple has lowered its sales estimates for its mixed-reality headsets before the June launch, potentially impacting its revenue and stock price.
Apple's decision to lower its sales estimates for the mixed-reality headsets could negatively impact its revenue and stock price. The reduced sales forecast from 3 million to 900,000 units indicates a potential decrease in demand or challenges in production, which may affect investor sentiment and the company's financial performance.
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