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Apple is excited about WWDC 2023, which will take place on June 5th. The event is expected to feature the company’s first AR/VR headset. Although the details of the product are not yet known, Apple is hinting at a virtual universe like the metaverse, while also adding digital elements to the real world. Experts, are already believe that AR/VR technology will be a great will be a major success. However, in short term, the product may not be as beneficial for Apple as we might think. Here are the details…

Apple AR Headset Could Contribute 10% of Business by 2030

Apple is expected to announce its first Augmented Reality (AR) / Virtual Reality (VR) headset at the Worldwide Developers Conference (WWDC) in 2023, and analysts have already begun evaluating its potential. Initial forecasts suggest the headset will be a major success. In fact, an analyst named Gene Munster believes that the AR headset could contribute to around 10 percent of Apple’s business by 2030. However, this might not happen as soon as we think. Munster’s prediction is based on the growing demand for immersive experiences.

“I believe the trend of more immersive consumer tech experiences will continue, which should pave the way for a robust headset market,” Munster said. “By 2030, I believe the wearables/glasses segment could account for 10% of Apple’s sales, a business similar in size to Apple’s Mac and iPad businesses today.”

Of course, it will take some time for the AR headset to reach this level of success. Munster believes that the first iteration of the headset will only generate $3 billion in revenue in its first year. However, he believes that the market for AR headsets will grow rapidly in the coming years, and that Apple is well-positioned to capitalize on this growth.

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