New Delhi: Apple Inc has lowered gross sales estimates for its lengthy-awaited blended-actuality headsets by about two-thirds, Bloomberg News reported on Thursday, citing folks acquainted with the matter.

The iPhone maker had initially hoped to promote about 3 million items a yr, however has now pared again these estimates to about 1 million, after which to 900,000 items, the report mentioned. (Also Read: Top 10 Countries With Highest Fuel Rates)

The firm is about to carry a builders’ convention on June 5, the place it’s anticipated to current the product, the report mentioned. Apple didn’t instantly reply to a Reuters request for remark.

The blended-actuality headset, which might overlay digital objects on a view of the true world, is extensively anticipated to be Apple’s subsequent main product.

The headset is predicted to value round $3,000, Bloomberg News had reported in February. Meta Platform Inc’s Quest Pro digital and blended actuality headset is priced at about $1,000.