US Apple Fans Get Hands on $3,500 Vision Pro 

The Apple Vision Pro headset is displayed in a showroom on the Apple campus after it's unveiling on June 5, 2023, in Cupertino, Calif. (AP)
The Apple Vision Pro headset is displayed in a showroom on the Apple campus after it's unveiling on June 5, 2023, in Cupertino, Calif. (AP)
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US Apple Fans Get Hands on $3,500 Vision Pro 

The Apple Vision Pro headset is displayed in a showroom on the Apple campus after it's unveiling on June 5, 2023, in Cupertino, Calif. (AP)
The Apple Vision Pro headset is displayed in a showroom on the Apple campus after it's unveiling on June 5, 2023, in Cupertino, Calif. (AP)

US Apple stores on Friday will start selling the Vision Pro, the tech giant's $3,499 headset and its first major release since the Apple Watch nine years ago.

Vision Pro's release by the world's most iconic device maker is a major milestone for the lovers of virtual or augmented reality, who see the technology as the next chapter in online life after the smartphone.

But with a high sticker price, and the middling success of similar and cheaper releases from Facebook owner Meta, early reviews are unconvincing that the Vision Pro will be a game-changer, at least initially.

The Vision Pro is an "astonishing" product, wrote The Verge, but "also represents a series of really big trade-offs" that are "impossible to ignore."

It is "an impressive product, one that has been many years and billions of dollars in the making" but "even after trying it, I still have no idea whom or what this thing is supposed to be for," wrote The New York Times.

Critics acknowledge a definite "wow" factor, noting its state-of-the-art image and the joy of opening and closing apps floating in space with your eyes and fingers.

However, the headset is heavy, messes up the user's hair and requires a clunky battery pack, they add.

In a big promotional push, Apple CEO Tim Cook on Thursday appeared on the cover of Vanity Fair wearing the Vision Pro.

He drew criticism at a conference in June when he revealed the device without ever trying it on.

Apple refers to the Vision Pro as its first foray into "spatial computing," refusing the term virtual reality, which is typically associated with tech geeks and gamers.

In ads, in addition to streaming movies, users are shown wearing the Vision Pro to work or chat with friends or toggle through apps.

Apple says there are 600 specifically designed apps and games available for the Vision Pro alongside one million compatible apps.

"These incredible apps will change how we experience entertainment, music, and games," said Susan Prescott, Apple's vice president of worldwide developer relations.

Disney has partnered with Apple and will provide 150 3D movies at launch, the companies said.

Netflix, Spotify and Google for now have declined to modify their apps specifically for the headset.

The Vision Pro can be tested out by appointment in US Apple stores. That is because the device requires finely-tuned adjustments and some training as "most consumers don't have experience with gesture controls," Forrester Research wrote in a note.

According to analysts from Wedbush Securities, pre-orders have been strong and Apple should expect to sell about 600,000 units this year.

"For Apple the ultimate goal in our opinion is that Vision Pro will work alongside the iPhone and other Apple devices over the coming years," said Dan Ives of Wedbush.



Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
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Apple’s China Market Share Shrinks as Huawei Surges, Data Shows 

A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)
A woman walks past a logo of Apple Inc in Wuhan, Hubei province July 24, 2013. (Reuters)

Apple's market share in China shrank by two percentage points in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys.

The decline underscores the difficulties the US tech giant faces in its third-largest market.

Huawei's smartphone shipments surged 41% year-on-year in the quarter, bolstered by the launch of its new Pura 70 series in April.

The Canalys data, while not providing specific shipment figures for Apple, showed that the company's market share in China dropped to 14% in the second quarter of 2024, a decrease from 16% in the same quarter of 2023.

As a result of this decline, Apple's ranking in the Chinese smartphone market fell from third to sixth place.

Overall, China's smartphone shipments rose by 10% in the quarter, Canalys said. Vivo was the top vendor with a share of 19%, followed by Oppo, Honor and Huawei with 16%, 15% and 15% respectively.

"Domestic manufacturers have demonstrated market leadership, occupying the top five positions in the mainland Chinese market for the first time in history," said Lucas Zhong, research analyst at Canalys.

"On the other hand, Apple faces growth pressure in the Chinese market and is actively focusing on optimizing channel management."

Huawei made a comeback to the high-end smartphone segment last August with the release of a device powered by a domestically-made chip, defying US sanctions that have cut off its access to the global chipset supply chain.

In an effort to boost sales, Apple has ramped up its discounting efforts this year to entice consumers. The US company launched an aggressive campaign in May, doubling the scale of an earlier promotion in February and offering price cuts of up to 2,300 yuan ($318.84) on select iPhone models.

Analysts expect Huawei's strong performance to continue throughout the year. Canadian research firm TechInsights projected earlier this year that Huawei's overall smartphone shipments in China will exceed 50 million units in 2024, with the Pura 70 series accounting for 10 million of those shipments.

That would make Huawei the No. 1 seller with a 19% market share, up from 12% in 2023, TechInsights has said.