Will Apple Learn From Meta's Virtual Reality Mistakes?
Apple (NASDAQ: AAPL) posted a weaker-than-expected earnings report on Feb. 2, which it largely attributed to supply chain disruptions for the iPhone 14 and its sluggish sales of Macs and Apple Watches. The company offset some of those declines with the growth of its services business.
However, during the conference call, Apple didn't mention its long-awaited mixed-reality headset, which will likely launch this year. Many investors expect the device to diversify Apple's top line away from the iPhone -- which accounted for 56% of its sales in its latest quarter -- and enable it to challenge Meta (NASDAQ: META) in the nascent virtual reality market.
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Source Fool.com
