Elon Musk Shades Tim Cook, Says Apple Vision Pro Is Not A 'Moon Shot:' 'Impossible To Look Good'
Portfolio Pulse from Rounak Jain
Elon Musk criticized Apple Inc.'s (NASDAQ:AAPL) new $3,500 Vision Pro mixed reality headset, calling it not a 'moon shot' and mocking its design. Despite Musk's skepticism, Apple is launching the Vision Pro with 600 apps, including major ones like Warner Bros. Discovery's (NASDAQ:WBD) Max, Walt Disney Co.'s (NYSE:DIS) Disney+, and Amazon.com Inc.'s (NASDAQ:AMZN) Prime Video. Analysts have upgraded their outlook for the Vision Pro, with predictions of 600,000 units shipped in 2024.
February 02, 2024 | 9:38 am
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Apple Inc. is launching its Vision Pro headset amidst mixed reactions, including criticism from Elon Musk. However, analysts have upgraded their shipment predictions for 2024, indicating a positive outlook.
The launch of the Vision Pro with 600 apps and upgraded shipment forecasts despite high price and criticism suggests a strong market interest and potential sales success, likely boosting AAPL's stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Amazon.com Inc.'s Prime Video is among the 600 apps available on Apple's Vision Pro headset, potentially increasing user engagement on the platform.
Being part of the Vision Pro's app lineup could enhance user engagement on Prime Video, possibly impacting AMZN's stock positively due to increased content consumption.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Walt Disney Co.'s Disney+ inclusion in the Vision Pro's app lineup could attract more subscribers and viewers, leveraging the new platform's launch.
Disney+'s presence on the Vision Pro could drive subscriber growth and viewer engagement, positively influencing DIS stock as it capitalizes on the new device's market entry.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Warner Bros. Discovery's Max is part of the Vision Pro's extensive app offering, which could enhance its visibility and subscriber base.
Max's inclusion in the Vision Pro's launch lineup may increase its exposure and subscriber numbers, potentially having a positive impact on WBD's stock.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60