Recent Bloomberg reporting from Mark Gurman confirms Apple has redirected mixed-reality hardware resources toward lighter smart glasses, shelving the next-generation Vision Pro successor and pushing any potential release to 2028 at the earliest. This aligns with the market’s 94% implied probability for no launch before 2027, as the original model’s high price, limited developer ecosystem, and modest sales have tempered enthusiasm for rapid iteration. Traders see the shift in focus as a structural barrier unlikely to reverse without major competitive pressure or a surprise product revival. A credible early announcement or accelerated production could still alter timelines, though current development patterns make such moves improbable in the near term.