Is Unity the Big Winner From Apple Vision Pro?

By Travis Hoium – Jun 15, 2023 at 7:00AM

NYSE: U

Unity Software

Market Cap

$9B

Today's Change

(3.47%) $0.81

Current Price

$24.13

Price as of April 26, 2024, 4:00 p.m. ET

Unity is a key partner of Apple, but it may not grow in the way you think.

Unity (U 3.47%) has been seen as one of the big winners from Apple's (AAPL -0.35%) virtual reality (VR) announcement last week. As a development partner, it could be a winner in the long term. In the video below, Travis Hoium highlights why investors should temper their expectations for Unity's VR growth.

*Stock prices used were end-of-day prices of June 9, 2023. The video was published on June 12, 2023.

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 Unity Software. The Motley Fool has positions in and recommends Apple, Meta Platforms, and Unity Software. 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.