The Day META’s Glasses Matter for Investors, the Earth Stops Spinning

Key Points:

• Restricted mainstream attract for Apple (NASDAQ: AAPL) | AAPL Price Prediction and Meta (NASDAQ: META) VR headsets
• Meta’s Quest 3 outmatch Apple’s Vision Pro on cost.
• VR tech stays niche, mostly attractive to gamers.
• See what all the excitement is about by accessing the report for free today.

Watch the Video

[00:00:00] Douglas A. McIntyre: Uh, now I’m going to talk to you all about something I don’t understand. The Apple and Meta make virtual reality headsets. I’ve seen on the top on television and sitcoms, I’ve seen people wearing them, but here’s the thing. A, I don’t get it. Maybe it’s great for people who are 18 B. I don’t think there’s enough there to, it’s not going to affect their earnings.

[00:00:30] Lee Jackson: Well, it’s, it’s an interesting story because, you know, initially people were like, wow, this is going to be a game changer because, you know, it’s going to be, it won’t be a one dimensional or two dimensional play. Everything’s going to be literally in three D and you’re going to be immersed right in the subject of it.

[00:00:48] Lee Jackson: You know, in, in, in the reality of it, the, the big thing here is, and trust me, I am not big gamer by any means, but the meta VR quest. three headset costs 499. Okay. And the Apple vision pro costs 3, 499. Now I’m no expert in this field, but apparently the meta product just absolutely blows it away at, you know, one fifth or one sixth of the price.

[00:01:18] Lee Jackson: And this is going to be interesting because again, there there’s, they’ve gotten smaller, you know, in, in how they go around your eyes, but it’s still, it’s very uncomfortable. And, you know, until they get away to frame it or put it in a contact lens or something like that, except

[00:01:34] Douglas A. McIntyre: for younger people is

[00:01:36] Lee Jackson: going to be that

[00:01:38] Douglas A. McIntyre: wide.

[00:01:38] Douglas A. McIntyre: Let me understand this. Apple has one of these things and it basically costs. Three times as much as an iPhone. Oh yeah, right. So you’ve got to be out. You, you basically have to be out of here. Oh, look, I get it. There’s

[00:01:59] Lee Jackson: nothing else to spend his money on. You know, it was probably,

[00:02:02] Douglas A. McIntyre: you’re saying that there’s this, there’s this tranche of consumers someplace.

[00:02:07] Douglas A. McIntyre: And I’m sure it’s true who are basically shut ins they, they sit in their houses. Uh, they’re probably hoarders. They buy these headsets and they, they monkey around with them at home. But I have to tell you something, I don’t understand how this is a big market. I, I, I understand that some nutty gamer would use one, but how does this add to the, It’s on TV.

[00:02:32] Douglas A. McIntyre: I’m sure their investors look at them, but this is not going to be a big, this isn’t going to push.

[00:02:37] Lee Jackson: Yeah, it’s not like, it’s not like the true gamer who’s in to play, you know, one of the top games and, um, you know, where they can play against each other. And that’s what’s become a very big, you know, my son plays one where.

[00:02:52] Lee Jackson: There are going to be 500 other people playing it at the same time and, you know, I think from that standpoint, you’re correct because often the VR thing is for, you know, playing golf or playing baseball or something or playing tennis, something where you’re, you’re involved in a game. With with a vr opponent, but yeah, I I can’t see that.

[00:03:17] Lee Jackson: This is going to be huge You know, they’ve already abandoned apple glasses or whatever they were in the past that were supposed to be, you know kind of normal glasses that would you know help you with different items and and The technology has been extremely slow But I think the fact that the gaming community thinks the 500 one is superior to the Apple product.

[00:03:41] Lee Jackson: I find that really interesting.

[00:03:43] Douglas A. McIntyre: All right, so I’m going to give you my bottom line on this. I can understand that shut ins will use them, but the day that this affects the revenues of either company is basically, you know,

[00:03:55] Lee Jackson: the day the earth stops spinning

[00:03:58] Douglas A. McIntyre: on its axis.

[00:03:59] Lee Jackson: No, and I think they all thought it would be bigger, but it’s And it’s probably a technology that, you know, maybe 20 years from now is significantly improved.

[00:04:09] Lee Jackson: But 20 years from now, I won’t be around to talk about it.

[00:04:12] Douglas A. McIntyre: They’ll stuff artificial intelligence in it and suddenly it’ll be a great product.

[00:04:16] Lee Jackson: Yeah,

[00:04:17] Douglas A. McIntyre: that’s

[00:04:17] Lee Jackson: what

[00:04:17] Douglas A. McIntyre: you do.