Bank of America Analyst: Apple's AR device may change the rules of the game

$Apple (AAPL.US)$ According to reports, a Bank of America analyst believes that Apple may be planning to develop a device for augmented reality (AR) technology, which will help its stock price further rise.

On Tuesday, Bank of America analyst Wamsi Mohan upgraded Apple’s stock rating from neutral to buy, partly because of his optimism about potential AR headsets, which he believes may be in The end of 2022 or the beginning of 2023 will come.

He wrote in the customer description: "We think this technology will change the rules of the game, because it will enable many new applications, and these applications will require high-performance hardware and higher access speed."

Article excerpted from the US Stock Research Agency