Is Apple Vision Pro The Next iPhone? Analyst Gushes, But Flags Some Early Hurdles
Portfolio Pulse from Rounak Jain
Apple Inc.'s new product, the Apple Vision Pro, has been likened to the iPhone's debut, with nearly 180,000 units sold in its first weekend. Despite its revolutionary potential, analysts from Deepwater Asset Management caution about its first-generation limitations and a limited app ecosystem. The Vision Pro is expected to surpass the Apple Watch in revenue contribution within a decade but remain smaller than the iPhone. Its capabilities have been showcased on social media, receiving praise from former Apple CEO John Sculley, while Elon Musk expressed skepticism.
February 07, 2024 | 2:53 pm
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Apple Inc.'s Vision Pro launch has been compared to the iPhone's debut, with significant sales and potential despite first-gen limitations. Analysts predict a major impact on Apple's revenue structure in the long term.
The Vision Pro's successful launch and comparison to the iPhone's debut highlight its potential to significantly impact Apple's product lineup and revenue. Despite initial limitations and skepticism from figures like Elon Musk, the positive reception and sales figures suggest a bullish outlook for AAPL in the short term. Analyst predictions about its future revenue contribution further underscore its importance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90