"Apple Vision Pro Production Reduced Amidst Lower-than-Expected Demand: What This Means for the Future"

"Apple Vision Pro Production Reduced Amidst Lower-than-Expected Demand: What This Means for the Future"

Apple Vision Pro Production Scaled Back

Source: TechCrunch

Reduced Manufacturing Due to Sales Performance

Apple has significantly scaled back production of its Vision Pro mixed-reality headset following disappointing sales performance. The $3,500 device is now seen as targeted towards early adopters rather than the mass market, as acknowledged by CEO Tim Cook.

Current Market Demand and Inventory Challenges

  • Analysts predict Apple may struggle to exceed 500,000 sales in 2024.
  • This slowdown comes in light of existing inventory that surpasses current market demand, leading to a strategic adjustment in output.

Future Product Speculations

Further discussions are emerging regarding a potential cheaper model set to launch in 2025, anticipated to be priced around $2,000. This version may compromise on processor speed and materials compared to the Vision Pro.