After Decades of Promise, the Virtual Reality Era Has Finally Arrived

The Apple Vision Pro headset is seen on display at the Fifth Avenue Apple store on February 02 2024 in New York City Apple CEO Tim Cook and Senior Vice President of Retail and People Deirdre OBrien were at the opening of the Apple store on Fifth Avenue as the company begins its sale of the Vision Pro headset the companys first new product in seven years Photo by Michael M SantiagoGetty Images.

To help you understand what is going on in the tech sector our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest… 

The virtual reality industry got a much-needed jolt when Apple finally joined the fray with its first VR headset. If any company can bring face-worn devices to an audience beyond gamers, it’s the tech giant that introduced the world to the smartphone. “Apple is focused on the mass market,” says Jitesh Ubrani, research manager at IDC. “Apple is doing a great job introducing the technology to many people.”