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Investors Are More Interested In Apple’s Plan On Launching A ChatGPT Competitor Rather Than An AR Headset, Claims Analyst

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Apple’s AR headset will not bring substantial revenue for the company, which is why investors reportedly want it to bring a ChatGPT competitor
ChatGPT’s rise in popularity has caused a wave of fear amongst technology giants, with Google being the latest entrant in this category to launch its own competitor, and others are expected to follow suit. Apple, on the other hand, is expected to preview its AR headset at its WWDC 2023 tomorrow, but according to the latest report, investors believe that AI carries more importance than a head-mounted wearable.AR headset may not contribute substantially to Apple’s revenue as compared to AI in the next two years, according to report
With Apple estimated to ship only 100,000 units this year, the prospect of the company ‘banking’ from its AR headset launch appears to be slim. Ming-Chi Kuo, a popular TF International Securities analyst, has posted on Twitter that investors are more interested in Apple’s efforts to bring about a ChatGPT competitor than funneling resources towards a mixed-reality headset.

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