Tim Cook's Vision Pro Price Reveal Dented iPhone-Maker's Stock, But Analyst Explains: 'Eventually 10% Of Apple's Revenue...'
Portfolio Pulse from Bhavik Nair
Gene Munster, managing partner at Deepwater Asset Management, believes that Apple's newly introduced mixed-reality headset, Vision Pro, will eventually account for 10% of the company's revenue. This comes as Wall Street reacted negatively to the device's release and price tag.
June 06, 2023 | 4:02 am
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Apple's Vision Pro mixed-reality headset is expected to eventually account for 10% of the company's revenue, according to Gene Munster of Deepwater Asset Management.
Gene Munster's prediction that the Vision Pro headset will eventually account for 10% of Apple's revenue indicates a significant potential impact on the company's financial performance. This could lead to increased investor interest and a positive effect on the stock price in the short term.
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