Recent credible reporting from Bloomberg’s Mark Gurman and other analysts shows Apple has placed Vision Pro successor development on “life support,” shifting resources to smart glasses targeted for late 2027 while the M5-equipped model serves as a stopgap. Projects for a lighter or cheaper “Vision Air” variant were canceled earlier in 2026, with any true next-generation headset now eyed no earlier than late 2028 or 2029 due to persistent challenges around weight, cost, and market traction. Traders assign the 97.8% probability to “No” because these internal reallocations and repeated timeline slips create a high barrier to a 2026 launch. While an unexpected technical breakthrough in materials or a sudden reprioritization could theoretically accelerate plans, the current trajectory and lack of active development make such scenarios remote before year-end.