Analyst Ming-Chi Kuo has reported that Apple has decided to delay the production of a more affordable version of its mixed reality headset, Vision Pro, until 2027.
Instead, the analyst suggests that the company will release an updated Vision Pro with an M5 chip in 2025.
I think what really drove Apple to delay the cheaper Vision Pro is that simply reducing the price wouldn't help create successful use cases. It's similar to the HomePod situation—even after launching the cheaper HomePod mini, Apple's smart speakers failed to become mainstream products.
It is worth noting that it was recently revealed that the launch sales of the iPhone 16 were lower than those of the iPhone 15 during the same period last year.