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Apple Is (Probably) Making a Headset: Here's a Hidden Winner

Apple will need software and users, and this company has both in the immersive technology space.

By Travis Hoium – Apr 11, 2023 at 9:44AM EST

Apple (AAPL +2.65%) is expected to announce a new headset in June, and the tech world is buzzing with anticipation. But the headset will represent a small sliver of Apple's revenue, and the bigger winner could be a current leader in augmented reality. Travis Hoium highlights why Snap (SNAP +0.17%) is the stock to watch here. 

*Stock prices used were end-of-day prices of April 5, 2023. The video was published on April 8, 2023.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Apple and Snap. The Motley Fool has positions in and recommends Apple and Meta Platforms. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Snap Stock Quote
Snap
NYSE: SNAP
$6.03
(+0.17%)+$0.01
Apple Stock Quote
Apple
NASDAQ: AAPL
$270.23
(+2.59%)+$6.83
Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$689.14
(+1.81%)+$12.27

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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