Apple-focused news website 9to5Mac reported on Friday that well-known Apple-watcher and analyst Ming-Chi Kuo is predicting that Apple's first augmented reality product could go into mass production as soon as the fourth quarter of this year, with an estimated 2020 public launch.
According to Kuo, the company's first foray will be in the form of an AR glasses/headset product that will likely act as a wireless heads-up display that interacts with a user's iPhone, similar to how the iPhone operates with the Apple Watch, 9to5Mac said.
The timeline matches up with a Bloomberg report published almost two years ago that claimed a 2020 launch for an AR-driven product was set as "an aggressive internal target."
Kuo, an analyst with Taiwan-based KGI Securities, covers technology, with a focus on Apple. Kuo has had a strong track record of accurately predicting Apple's closely-guarded new products and plans.
Shares of Apple closed up .24% on Friday to $172.91 on the Nasdaq Stock Exchange.
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