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Metaverse Competition Heats Up

The metaverse is coming.

Augmented reality and digital worlds will change our daily lives in ways most cannot even imagine.

For the younger generation, the entry point into the AR space will likely be gaming.

But for those of us without a video game console, i.e. grown-ups, it will be a different device.

And two of the largest companies on the planet are betting on headsets.

Multiple leaks point to Apple working on at least two AR projects.

An augmented reality headset is expected to be released in late 2022 or early 2023 followed by a sleeker pair of AR/VR glasses.

The initial device will be a standalone product with as much processing power as a Mac laptop. Inside, two high-resolution micro-OLED displays will provide an immersive viewing experience with possibly side displays for peripheral vision.

More than a dozen cameras in the headset will track hand movements and gestures.

It will even contain a series of 3D-sensing modules for spatial, skin and expression detection. 

The rendering below shows what the device could look like:

Source: macrumors.com

Analysts expect a price tag of around $3,000.

Microsoft just released a headset as well – the HoloLens 2.

HoloLens 2 – Source: Microsoft.com

At $3,500, it’s not cheap either. 

But it’s not supposed to be.

Electricity… the automobile… cellular phones…

None of these revolutionary technologies were inexpensive at first.

But economies of scale will eventually bring prices down as AR/VR devices become more accessible to the masses.

Many of the best-performing stocks of the next decade will be metaverse-related. And there will be ways to profit from the digital shift.

Headsets and glasses represent the hardware category.

But there will be huge opportunities in other areas as well.

Things like networking, virtual platforms, interchange tools, payment processes, content, and services will all contribute to a wave of surging stocks.

We will dive further into these topics in future posts.

Embrace the surge,

Ross Givens

Editor, Stock Surge Daily

Ross Givens
Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

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