Apple Vision Pro, the latest product from tech giant Apple Inc., has caught the attention of many with its advanced features and cutting-edge technology. However, not everyone is convinced that this high-priced product is worth the investment.
“Mad Money” host Jim Cramer recently shared his thoughts on Apple Vision Pro, expressing his concerns about its hefty price tag. Cramer agreed with CNBC’s market analyst David Faber, who pointed out that a $4,000 product might not have a wide customer base.
“It’s a $4,000 product. That is not something that is going to be widely purchased,” Faber said. Cramer jokingly added that he had to turn down a unit that was being sent to him because it was “too expensive.”
Apple Vision Pro starts at $3,499 for the base model with 256GB storage and goes up to $3,899 for the 1TB version. Buyers with prescription glasses will have to spend an additional $199. When factoring in other accessories and an AppleCare+ plan, the total cost could reach $4,000.
Cramer believes that the high price of Apple Vision Pro could deter potential buyers, especially when there are more affordable alternatives available in the market. He compared it to purchasing a 60-inch TV at Walmart for $289, describing the TV as an “amazing” purchase in contrast to the Vision Pro.
Another reason why some might hesitate to purchase Apple Vision Pro is the lack of support from popular apps. Netflix, Spotify, and Google’s YouTube have all decided to skip the Vision Pro for now. However, Cramer predicts that YouTube will eventually cave and become available on Apple’s mixed reality headset, as Google tends to give in to market demands.
The high price tag of Apple Vision Pro, along with the additional costs of accessories and repairs, might make it inaccessible for many consumers. Apple has put a lot of effort into marketing the product, with CEO Tim Cook sharing behind-the-scenes videos to generate interest. However, it remains to be seen if these efforts will convince potential buyers to invest in the Vision Pro.
In conclusion, while Apple Vision Pro offers impressive features and technology, its steep price tag might limit its appeal to a niche market. With more affordable alternatives available, consumers will have to carefully consider if the Vision Pro is worth the investment.
