Apple's decision to deprioritize development of a next-generation spatial computing headset, shifting resources toward lighter AR glasses and AI wearables, underpins the strong market consensus against a Vision Pro 2 release before 2027. Recent reporting confirms the company has shelved full successor plans, targeting 2028 at the earliest after limited first-generation adoption and high component costs slowed progress. This aligns with Apple's measured cadence for emerging hardware categories, where initial models receive software ecosystem refinements and modest internal upgrades, such as an M5 chip refresh, rather than rapid redesigns. A true second-generation device would require breakthroughs in display technology, weight reduction, and manufacturing scale that remain years away. Traders see few near-term catalysts capable of accelerating the timeline, though unexpected competitive pressure from rival platforms could still prompt a surprise adjustment.