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Apple and Meta intensify competition in mixed-reality headset market

EditorOliver Gray
Published 08/10/2023, 23:16
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The mixed-reality headset market is witnessing a surge in competition with the entry of Apple (NASDAQ:AAPL)'s Vision Pro and Meta (NASDAQ:META)'s Quest 3, as observed on Sunday. Both tech giants are leveraging their unique strengths to attract customers, with Apple emphasizing technical excellence and Meta capitalizing on its expansive gaming ecosystem.

Apple's latest offering, the Vision Pro, has been designed with a focus on comfort. This move comes in response to feedback regarding neck strain issues experienced by users of its predecessor. The Vision Pro is equipped with a high-resolution camera and a powerful M2 chip, reflecting Apple's commitment to technical superiority.

On the other hand, Meta has set an aggressive pricing strategy for its upcoming Quest 3, which will retail at $499. In addition to this competitive pricing, the company is considering further cost reductions. These could be achieved by unbundling hand controllers or introducing hand gesture controls. The strategy appears to be aimed at making the Quest 3 more accessible to a wider audience.

These developments indicate a strategic divergence between Apple and Meta in their approach to capturing market share in the mixed-reality headset sector. While Apple is banking on its technological prowess to draw customers, Meta is betting on its extensive gaming ecosystem and affordability. As both companies gear up for their respective product launches, the industry awaits the impact of these strategies on the dynamics of the mixed-reality headset market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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