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Apple lowers sales forecasts for ‘mixed-reality’ headset: Report

Apple's highly anticipated next major product, the mixed-reality headset, holds the potential to superimpose digital objects onto the real world.

Published on: May 18, 2023, 21:20:29 IST
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Apple Inc has lowered sales estimates for its long-awaited mixed-reality headsets by about two-thirds, Bloomberg News reported on Thursday, citing people familiar with the matter.

The company is set to hold a developers' conference on June 5, where it is expected to present the product. (Representational Image) (AP)
The company is set to hold a developers' conference on June 5, where it is expected to present the product. (Representational Image) (AP)

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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.

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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 $3,000, Bloomberg News had reported in February. Meta Platform Inc's Quest Pro virtual and mixed reality headset is priced at about $1,000.