Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Markets

Can Apple’s Vision Pro Bounce Back with a Budget-Friendly Model?

by Team Lumida
July 11, 2024
in Markets
Reading Time: 3 mins read
A A
0
Can Apple’s Vision Pro Bounce Back with a Budget-Friendly Model?

"Apple Vision Pro on display" by Seasider53 is licensed under CC BY 4.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways

  1. Vision Pro sales have not reached 100,000 units per quarter.
  2. A cheaper Vision Pro model is expected in 2025.
  3. Content availability is crucial for Vision Pro’s success.

What Happened?

Apple’s Vision Pro, priced at $3,500, has struggled to gain traction since its February launch in the US. According to market tracker IDC, the headset has yet to sell 100,000 units in any quarter and is expected to see a 75% drop in US sales this quarter.

Despite its international launch in June, which aims to offset domestic weaknesses, the sales figures remain disappointing. Reviews have praised its advanced technology but criticized its weight and lack of tailored apps and video content.

Why It Matters?

For investors, these figures raise concerns about Apple’s ability to penetrate the mixed-reality market, which is crucial for its long-term growth strategy. The Vision Pro’s slow start has not contributed significantly to Apple’s quarterly earnings, prompting a strategic rethink.

Francisco Jeronimo, vice president at IDC, highlighted the importance of content availability, stating, “The Vision Pro’s success, regardless of its price, will ultimately depend on the available content.” This underscores the need for a robust ecosystem to support new hardware.

What’s Next?

Apple plans to introduce a more affordable Vision Pro model in 2025, potentially priced at half of the current $3,500. IDC’s Jeronimo anticipates this could more than double sales. However, without significant improvements in content offerings, even the cheaper model may struggle.

Investors should monitor Apple’s content strategy closely, as well as the competitive landscape in the mixed-reality market. Additionally, the international rollout’s impact on sales will be crucial in the coming quarters.

Source: Bloomberg
Tags: Apple Vision Procontent availabilityFrancisco JeronimoIDC sales datamixed-reality
Previous Post

Bernie Sanders Pushes for Cheaper Wegovy: Can Novo Nordisk Resist?

Next Post

Pepsi Q2 2024 Earnings Summary

Recommended For You

Goldman Sachs Warns of Risks for Lower-Quality Stocks Amid Market Rally

by Team Lumida
10 hours ago
Goldman Sachs Urges Investors to Cut Risk: Is a Selloff Looming?

Key Takeaways: Powered by lumidawealth.com Goldman Sachs Managing Director Louis Miller cautioned that lower-quality stocks, including non-profitable tech and meme stocks, face significant downside risks despite the broader market...

Read more

FedEx Shares Mixed Outlook as Tariffs and Weak International Demand Weigh on Growth

by Team Lumida
10 hours ago
FedEx Shares Mixed Outlook as Tariffs and Weak International Demand Weigh on Growth

Key Takeaways: Powered by lumidawealth.com FedEx expects flat to 2% revenue growth in its fiscal first quarter, with earnings per share projected at $2.90 to$3.50*, below analysts’ expectations of...

Read more

Tesla’s EU Sales Plunge 40.5% in May Amid Rising EV Market Competition

by Team Lumida
10 hours ago
blue coupe parked beside white wall

Key Takeaways: Powered by lumidawealth.com Tesla’s new-car registrations in the EU fell 40.5% in May, continuing a streak of monthly declines since December, despite a 25% growth in the...

Read more

AstraZeneca’s Datroway Receives U.S. Approval for Non-Small Cell Lung Cancer Treatment

by Team Lumida
1 day ago
AstraZeneca’s Datroway Receives U.S. Approval for Non-Small Cell Lung Cancer Treatment

Key Takeaways: Powered by lumidawealth.com AstraZeneca’s Datroway has been approved in the U.S. to treat adult patients with non-small cell lung cancer who have already undergone chemotherapy. The approval...

Read more

U.K. Antitrust Authority Proposes Strategic Market Status for Google in Search and Advertising

by Team Lumida
1 day ago
Google’s Bold AI Bet: Transforming Healthcare After Costly Missteps

Key Takeaways: Powered by lumidawealth.com The U.K.’s Competition and Markets Authority (CMA) has proposed designating Google as having strategic market status in general search and search advertising. If confirmed,...

Read more

Tesla Launches Robotaxi Service in Austin, Paving the Way for Autonomous Ride-Hailing Expansion

by Team Lumida
3 days ago
blue coupe parked beside white wall

Key Takeaways: Powered by lumidawealth.com Tesla has launched its robotaxi service in Austin, Texas, with up to 20 Model Y vehicles operating autonomously within a geofenced area. The service...

Read more

Walmart to Pay$10 Million to Settle FTC Lawsuit Over Money Transfer Fraud

by Team Lumida
3 days ago
Walmart Expands Logistics Services Beyond Its Marketplace: What This Means for Investors

Key Takeaways: Powered by lumidawealth.com Walmart has agreed to pay $10 million* to settle a U.S. Federal Trade Commission (FTC) lawsuit accusing it of ignoring fraudsters who used its...

Read more

Trump Grants TikTok a Third 90-Day Reprieve Amid National Security Concerns

by Team Lumida
5 days ago
red and whites logo

Key Takeaways: Powered by lumidawealth.com President Trump issued another 90-day extension for TikTok, delaying enforcement of a 2024 law requiring the app’s sale or shutdown over national security concerns....

Read more

Baidu’s Apollo Go Targets Singapore and Malaysia for Robotaxi Expansion by 2025

by Team Lumida
5 days ago
Baidu Unveils Ernie X1 AI Model to Rival DeepSeek at Half the Cost

Key Takeaways: Powered by lumidawealth.com Baidu’s Apollo Go, the largest Chinese robotaxi fleet, plans to expand into Southeast Asia, focusing on Singapore and Malaysia by the end of 2025....

Read more

Vodafone Appoints Microsoft’s Pilar López as New CFO Amid Turnaround Efforts

by Team Lumida
6 days ago
Vodafone Appoints Microsoft’s Pilar López as New CFO Amid Turnaround Efforts

Key Takeaways: Powered by lumidawealth.com Pilar López, a senior Microsoft executive with extensive experience at Telefonica, will join Vodafone as CFO designate in October and officially take over on...

Read more
Next Post
blue and red pepsi can

Pepsi Q2 2024 Earnings Summary

Delta Airlines Q2 2024 Earnings Summary

Delta Airlines Q2 2024 Earnings Summary

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

apple logo on blue surface

Apple Faces App Store Shake-Up in Europe: Key Investor Insights

August 16, 2024
snowflake

Are Your Passwords Safe? Snowflake’s Security Blunder Revealed

June 6, 2024
turned on flat screen monitor

Stock Market Warning: Credit Markets Signal Potential Overvaluation as Earnings Yield Gap Hits 20-Year Low

January 7, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018