Key insights
- Apple's AR/XR smart glasses with displays have been delayed to 2029, according to analyst Ming-Chi Kuo. The company has reportedly overhauled its product roadmap, removing the Vision Pro line and focusing on display-less AI glasses for a 2027 launch. This news has led to a 2% drop in Apple's stock, suggesting a near-term bearish sentiment for the company's hardware innovation pipeline.
Investing.com - Apple Inc. (NASDAQ:AAPL) has pushed back the launch of its display-equipped AR/XR smart glasses to 2029, according to TF International Securities analyst Ming-Chi Kuo, citing his latest supply chain checks. The device, which will use optical waveguide technology, was previously expected earlier.
Kuo said Wednesday that Apple’s roadmap for extended reality products has changed significantly from a year ago. Only two smart glasses products now remain visible in the company’s development pipeline.
The analyst said Apple’s next CEO, John Ternus, approved a major overhaul of the product line that removed the Vision Pro line. Kuo said the shift happened some time ago but he was late updating his projections.
Apple’s display-less AI glasses, similar to Ray-Ban Meta, remain on track to ship in 2027, according to Kuo’s supply chain checks. He said the company is redirecting resources toward smart glasses with greater mass-market potential.
Ternus will succeed Tim Cook as Apple’s chief executive, though the company has not announced a transition date. Kuo said he believes removing the Vision Pro line was the right decision.
Apple Inc stock is down 2% amid the news.
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