Apple slashes sales estimates of its headset
APPLE has lowered sales estimates for its long-awaited mixed-reality headsets by about two-thirds, Bloomberg News reported on Thursday (May 18), citing people familiar with the matter.
The iPhone-maker had initially hoped to sell about 3 million units a year, but has now pared back those estimates to about 1 million, and then to 900,000 units, the report said.
The company is set to hold a developers’ conference on June 5, where it is expected to present the product, the report said.
Apple did not immediately respond to a Reuters request for comment.
The mixed-reality headset, which can overlay digital objects on a view of the real world, is widely anticipated to be Apple’s next major product.
The headset is expected to cost around US$3,000, Bloomberg News had reported in February. Meta Platform’s Quest Pro virtual and mixed reality headset is priced at about US$1,000. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
DBS upgrades Singtel to ‘buy’ as Bharti Airtel gets valuation boost with upcoming industry tailwind
Growth and stability in the storm: steering Asean economies together
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
The Singaporean turning Vietnam's Techcombank into an AI-first lender