Virtual Reality (VR) is a technology that provides an immersive simulated experience. It includes companies that manufacture and sell hardware, devices and equipment for augmented reality (AR) and virtual reality (VR), such as head-mounted displays, gloves, controllers, etc. The recent launch of Apple's vision pro has sparked the interest of investors in VR and AR technology. With the innovation of new VR products, virtual reality will change how we use and develop games, entertainment, education, and healthcare services. As new applications continue to materialize, VR companies will see significant revenue growth, driving their share prices higher.
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The sales of Apple Inc. (NASDAQ:AAPL)'s Vision Pro are predicted to fall short of the initial target of 1 million units by 2024, according to an analyst's forecast. Meta Platforms Inc. CEO Mark
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Can Apple rescue Vision Pro? Apple is looking to develop a "killer-level" application for its high-priced headsets.
The first VR headset from Apple, Vision Pro, is facing a dilemma of lacking content. After five months on the market in the USA, Apple announced that Vision Pro has 'over 2,000 apps', but compared to iPhone and iPad during the same period, this number is insignificant. According to Appfigures data tracking the App Store list, the number of new apps launched for Vision Pro has dropped sharply this year. Some market analysts pointed out that in order for consumers to 'willingly' buy this device, which is priced as high as $3,500,
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