Watching Immersion Shares; Hearing Craig Hallum Says They've Learned Apple Will Be Using Immersion Haptic Technology For Apple Vision Pro
Portfolio Pulse from Benzinga Newsdesk
Craig Hallum reports that Apple will be using Immersion's haptic technology for its Apple Vision Pro, potentially boosting Immersion's shares.
June 06, 2023 | 3:42 pm
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NEUTRAL IMPACT
Apple to use Immersion's haptic technology for Apple Vision Pro, potentially improving product quality.
Apple's decision to use Immersion's haptic technology for Apple Vision Pro may improve the product's quality, but it is not clear how significant the impact will be on Apple's overall performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Immersion's shares may rise as Apple plans to use its haptic technology for Apple Vision Pro.
Immersion's haptic technology being used by Apple for its Apple Vision Pro is a significant development for the company, potentially leading to increased demand for its technology and a boost in its shares.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100