Apple, the tech giant known for its innovative products, has recently faced a setback with its latest offering - the Vision Pro headset. According to reports from reliable sources, including Apple analyst Ming-Chi Kuo and various technology news outlets, Apple has reduced the number of Vision Pro units to be shipped in 2024 due to lower than expected demand. The initial plan was to ship between 700-800k units; however, this number has been revised downwards to 400k-450k.
The signs of decreased demand became apparent even before the Vision Pro's launch outside the US. Orders for the headset have been scaled back, indicating that sales in the US have fallen significantly beyond expectations. This conservative approach to headset demand is expected to continue when Apple introduces Vision Pro in new markets.
Ming-Chi Kuo, an influential analyst at TF International Securities, stated that Apple had cut production for the Vision Pro due to low demand. The $3,500 mixed reality headset was launched in the US earlier this year and faced a lukewarm response from consumers.
Despite early adopters being impressed by the Vision Pro's technical prowess, not enough of them have held on to their purchases past the return period. This trend could potentially impact Apple's future plans for lower-cost entry mixed reality headsets beyond 2025 or even cancel them altogether.
The Vision Pro is a significant investment in VR and AR technology, featuring advanced components like Micro OLED displays. However, if the device fails to gain traction in the market, it could have ripple effects on the adoption rate of these technologies and their associated components.