Tag: Apple virtual reality headset

Apple rises as BofA upgrades on potential from AI, headset
Technology

Apple rises as BofA upgrades on potential from AI, headset

[ad_1] Apple Inc. shares rose on Thursday, after Bank of America upgraded the iPhone maker to buy from neutral, a sign of confidence in the stock following a weak start to the year.The stock gained 3.3%, its biggest one-day percentage gain since May. It remains down 2% this year, making it one of the weakest performers among the so-called Magnificent 7 megacaps that fueled market gains in 2023. Artificial intelligence will be a driver for the company's hardware and services business, according to BofA analyst Wamsi Mohan, who wrote that he sees a “stronger multi-year iPhone upgrade cycle driven by need for the latest hardware to enable Generative AI features to be introduced in 2024/2025.” Mohan also thinks the upcoming launch of Apple's virtual reality headset has potential, writing th...
Apple in talks with Disney, others on VR content for new headset – Reports
Technology

Apple in talks with Disney, others on VR content for new headset – Reports

[ad_1] Apple Inc was in talks with about half a dozen media partners including Walt Disney Co to develop virtual reality (VR) content for its mixed reality headset. Apple Inc was in talks with about half a dozen media partners including Walt Disney Co to develop virtual reality (VR) content for its mixed reality headset, Bloomberg News reported on Monday. Developed with Sony Group Corp, the headset will have two ultra-high-resolution displays to handle the VR aspects and a collection of external cameras to enable an augmented reality "pass-through mode", the report said. It added that the tech giant was working to update its own Apple TV material to work with the headset. Disney, Apple and Sony did not immediately respond to Reuters requests for comment. Earlier this month, Bl...