Microsoft Hires an Apple Executive to Lead Its Hardware Efforts

Microsoft (NASDAQ: MSFT) just hired Ruben Caballero, a former engineering VP at Apple (NASDAQ: AAPL), as a new corporate VP for its engineering department. Caballero will lead the hardware design department of Microsoft's Mixed Reality & AI division, which previously developed the HoloLens and its Mixed Reality headsets.

Caballero worked at Apple from 2005 to 2019, and led the development of various wireless technologies for iPhones, iPads, and Macs. What does this new hire tell us about the future of the AR/VR market?

Image source: Getty Images.

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Source Fool.com