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This rumor, and the AR headset reports in general, has one glaring problem. The modern Apple is a maker of
fashionable personal tech; remember how much flack they (deservedly) caught when Tim and Jony were pushing a gold Apple Watch with a five-digit price tag? The current gold-free Watch lineup, the AirPods that eschew larger batteries, even the AirTags with the less-than-protective loop holders—they all put a heavy emphasis on looking good while doing what they do.
VR headsets do not look fashionable, or cool, or good. The user may be having the time of their lives in a virtual paradise, but back in the real world, they look like a hallucinating idiot festooned in snorkeling gear. No amount of matte aluminium and glass can persuade even the most minimally appearance-conscious of Apple's target market to walk down an NYC street wearing a HoloLens.
It is true that we don't yet have the tech for mass-market glasses that are nearly indistinguishable from fashionable prescription frames or sunglasses while providing a fully immersive, wide field, vivid color, multi-hour AR experience. But we can certainly make a smaller single-eye display with a not-too-obtrusive form factor, as long as that device's societal acceptance isn't torpedoed by a too-obviously-there camera, Google roots, and evangelists that are
the polar opposite of cool (a problem that VR has inherited today.) Which path does Apple seem more likely to choose: an amazing all-boxes-ticked experience that shreds every ounce of their chicness, or a decidedly limited subset of features in a form that can be picked up by tastemakers? To use an oversimplified analogy, did the first Apple Watch offer all the functionality of an iPhone in a wrist-mounted brick larger and heavier than three Ultras, or did it depend on an iPhone to do nearly all of its thinking while it flaunted a sleek (...for the time) shape and decorative bands?
I've been wrong on rumors more times than Gurman and the rest put together, but this I know: Apple will not attempt to sell something that looks stupid, or that makes its users look stupid, or that makes Apple look stupid. They will choose the design that does only a few things, but does each of those things fairly well, and above all looks good doing it. If they don't, they're no longer Apple.