June 18 (Reuters) - Apple ( AAPL ) has suspended work on
its next high-end Vision headset, the Information reported on
Tuesday, citing an employee at a manufacturer that makes key
components for the Vision Pro.
The iPhone maker is still working on releasing a more
affordable Vision product with fewer features before the end of
next year, the report said, citing a person involved in its
supply chain and one person in the manufacturing of the
headsets.
Apple ( AAPL ) did not immediately respond to a Reuters request for
comment.
The company plans to sell its Vision Pro in eight new
countries, including China and Japan, in a bid to spruce up
sales of the $3,500 device, which has been grappling with slower
demand after initial enthusiasm.
Earlier this month, Apple ( AAPL ) held its annual developer
conference, where it unveiled its long-awaited AI strategy and
announced a partnership with ChatGPT-maker OpenAI.
The event has also given a boost to Apple's ( AAPL ) shares, which
have now risen over 11% so far this year after trailing behind
their Big-Tech peers at the start of the year due to softer
iPhone demand in China.
Apple ( AAPL ) had originally planned to divide its Vision product
into two models, similar to the standard and Pro versions of its
iPhone, the report said.
The company had been reducing priority for the successor to
the Vision Pro for the past year, assigning fewer employees to
work on the next model over time, while focusing on reducing the
costs of the first-generation's components, the report added.