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TechCheck

Apple Unveils Vision Pro Headset 6/5/23

TechCheck

CNBC

Disruptors, Cnbc, Investing, Tech, Management, Business, Technology, Faang

4.566 Ratings

🗓️ 5 June 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

There's a lot at stake for Apple as it hits all-time highs the same day it reveals its new mixed-reality headset, the Apple Vision Pro. Even though it’s eventually aimed at the general public, it’s first up to developers to create apps and games that will level up the product, differentiate it from other headsets, and make it enticing for consumers.

Transcript

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0:00.0

Apple, as you know by now, is set to reveal its first major product in a decade at its annual

0:06.7

developers conference this afternoon.

0:08.6

Our dear Dubosa and Steve Kovac, live on the scene, and D, let's begin with you, talk about talk about I guess broadly just what's at stake for the company today?

0:18.0

I mean you said it before the break Carl this is the stock that's trading at all time highs but beyond that this has really been the market leadership.

0:24.0

When we talk about the gains,

0:25.0

tech has come roaring back

0:27.0

and it's been a handful of those mega caps

0:29.0

we now call the Magnificent Seven

0:31.0

that have led the market.

0:32.0

So what Apple has to do today is really

0:34.0

deliver. There's such high expectations. The thing that everyone really

0:37.4

cares about, there's a lot that's going to be announced, but it's all

0:39.3

about that mixed reality headset. And here Apple has to do something that meta that no one else has

0:44.7

really been able to do so far and that is bring such a device into the

0:49.0

mainstream and at a time when Apple's iPhone sales are slowing.

0:53.4

This is a new product launch.

0:54.6

The first one since 2015, the Apple Watch.

0:57.6

Apple has a lot of sake here.

0:58.6

It has to deliver.

1:00.5

And Tim Crock is gonna have to get on the stage

1:02.5

and tell us why we need this and why it's mixed reality.

1:05.9

Explain sort of for an audience, for a group of consumers,

...

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