Cathie Wood's Ark Analyst Raises Eyebrows Over Apple Vision Pro's $3,499 Price Tag: 'Seems A Lot'
Portfolio Pulse from Bhavik Nair
Brett Winton, chief futurist at ARK Investment Management, expressed concerns over Apple's Vision Pro's $3,499 price tag, stating it is difficult to see spatial computing becoming the dominant paradigm in the next couple of years. Winton compared the device to Meta Platforms' Quest Pro, stating that the Apple Vision Pro is about 50% more expensive.
June 06, 2023 | 12:26 pm
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POSITIVE IMPACT
Brett Winton compared Apple's Vision Pro to Meta Platforms' Quest Pro, stating that the Apple device is about 50% more expensive.
Winton's comparison of Apple's Vision Pro to Meta Platforms' Quest Pro highlights the latter's more competitive pricing. This could potentially lead to increased interest in Meta's product and positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEGATIVE IMPACT
ARK Investment's Brett Winton criticized Apple's Vision Pro pricing, stating it is difficult to see spatial computing becoming dominant in the next couple of years.
Winton's concerns over the price of Apple's Vision Pro may negatively impact the perception of the product's value and potential adoption rate. This could lead to lower sales and affect Apple's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100