Apple's stock reached an all-time high ahead of the 2023 Worldwide Developer Conference, where the company unveiled its mixed-reality headset, Apple Vision Pro. The headset could revolutionize communications and be a game-changer for the metaverse, which McKinsey predicts could be a $5 trillion opportunity by 2030. Investors should be cautious, as Apple's stock experienced a 30% downturn after the 2015 launch of the Apple Watch, and the Vision Pro's high-end price may deter adoption until its applications are fully realized.
History Could Repeat For Apple With A Hardware High