Apple's new Vision Pro AR/VR headset is expected to contribute around $63 billion in revenues by 2032, with a dominant market share in the spatial computing industry. The total addressable market for AR/VR headsets is projected to be valued at around $210 billion by 2032, with Apple's total revenues forecasted to reach $630 billion. Despite the potential success of the Vision Pro, I believe Apple's stock is currently overvalued by 26.9%, making it a less attractive investment opportunity at present prices.
Apple: Metaverse Race Has Begun