Gene Munster's Hot Take: Are Consumers Ready For Apple's Vision Pro Experience?
Portfolio Pulse from Ananya Gairola
Gene Munster, managing partner at Deepwater Asset Management, has shared his views on Apple Inc.'s Vision Pro headset. He believes that consumers are not ready for the product as it lacks utility. He also highlighted the device's dependency on developers to create compelling applications. The Vision Pro headset, priced at $3,499, is expected to be available for sale in early 2024. Munster also mentioned the competition from Meta Platforms' Quest 3 headset, priced at $499.
October 17, 2023 | 6:45 am
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NEGATIVE IMPACT
Apple's Vision Pro headset lacks utility according to Gene Munster. The device's success is dependent on developers creating compelling applications. The product is expected to be available for sale in early 2024.
The lack of utility and high price tag of Apple's Vision Pro headset could deter consumers from purchasing the product. This could potentially impact Apple's revenue from this product line.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100