Apple Vision Pro production reportedly scaled back due to disappointing demand

Gadgets

Apple has dramatically scaled back Vision Pro production, according to a new report from The Information. The news comes days after CEO Tim Cook admitted in an interview that the $3,500 mixed reality headset is for early adopters and “not a mass-market product.”

The production slowdown is believed to be a response to disappointing sales, leaving Apple with plenty of inventory to match current demand. Estimates over the summer suggested that Apple will not hit 500,000 sales in 2024.

A new report earlier this month fueled further speculation that the company is planning to release a less expensive model in 2025. Priced at around $2,000, the headset would ditch the Vision Pro’s faster processor and more premium build materials.

Products You May Like

Articles You May Like

AI Inference Demand Won’t Stop Anytime Soon, Says Benchmark’s Vishria
Micron Gets Boost on Tight Chip Supplies, Pilling Says
Snowflake CEO Weighs In on Sales Outlook, Signing $6 Billion Deal With Amazon
Nvidia Enters the Laptop Market with Superchip, Taking on Intel and AMD
The $5 Trillion Race for the Humanoid Future

Leave a Reply

Your email address will not be published. Required fields are marked *