Apple's Vision Pro Production Target Slashed By Over 50% Due To Delays

Apple has made drastic cuts to production forecasts for the Vision Pro headset.
Manufacturing the sleek micro-OLED displays for the device is posing major challenges, with low yields and technical issues leading to scaling back of targets.
Plans for a more affordable version of the device have been delayed due to the production problems.
Apple's sole contract manufacturer of the Vision Pro, Luxshare, is now only preparing to make 400,000 units in 2024, compared to the original target of 1 million units.
The $3,499 starting price tag of the Vision Pro and manufacturing bottlenecks have raised doubts about the success and timeline of the device.