[Editor’s note: “Get Ready to Shell Out for the ‘iPhone Killer’” was previously published in August 2022. It has since been updated to include the most relevant information available.]
I like my iPhone. I can do anything on it. Send messages. Call people. Read the news. Trade stocks. Watch videos. To play games.
My iPhone is great. But, as much as I love her, I’m also fed up.
I mean, Steve Jobs introduced the iPhone to the world in 2007. That was 14 years ago. It might as well be a century in the tech world. New technology products seemingly replace old ones in the blink of an eye.
Sure, the iPhone has improved tremendously since the first edition launched in 2007. But to be honest, not much has changed on the iPhone since Apple got rid of the home button with the iPhone. ‘iPhone X.
Yes, the cameras have improved, I guess. And there are more colors. Cooler screens too, right?
Now, I don’t know about you, but those upgrades didn’t make much of a difference to me. In my opinion, the iPhone hasn’t really changed since 2017.
It’s time for something new. It’s time for the next evolution of consumer tech hardware – the device that replaces smartphones. Indeed, it’s iPhone killer time.
Fortunately, the iPhone killer is just around the corner.
I’m talking about Appleit is (AAPL) incoming virtual reality headset. It promises to make AAPL one of the best metaverse stocks to buy.
Every tech company in the world is going all out with virtual reality technology. They are racing to build what many consider to be the next generation of the internet – the metaverse.
What is the Metaverse?
The Metaverse is essentially a 3D version of the Internet. It’s the Internet. It has games, videos, news, shopping, advertising – all of it. But we won’t interact with all that content by swiping across a digital screen like we do now. Instead, we’ll put on a virtual reality headset and immerse ourselves in this content.
In other words, you won’t be watching the Internet through a screen. You will be in the Internet. It is, in short, the metaverse.
Meta (META) is so confident about that future that it’s changed its name – short, of course, for Metaverse. Microsoft (MSFT) is building metaverse desktops, largely centered around its Teams platform. Nvidiait is (NVDA) The CEO said the metaverse would be “much, much bigger than the physical world”.
The Big Tech world has spoken. The metaverse is the future.
But to access the metaverse, you need a virtual reality headset. And to date, Big Tech companies have created rather unimpressive VR headsets.
Alphabet (GOOG, GOOGL) released a deaf product with Google Glass, which were shoddy, expensive, and invasive enough to dub anyone wearing them “Glassholes.” Sure, Instantaneousit is (INSTANTANEOUS) Meta’s Goggles and Oculus Quest 2 are okay, but they haven’t taken the world by storm. Meanwhile, Microsoft’s HoloLens 2 is technically very impressive. But it weighs 1.25 pounds, starts at $3,500, and is intended exclusively for professional use.
Let’s be clear. Big tech companies have tried making VR headsets. And for the most part, they failed. And shares of the metaverse have remained stable.
Big Tech’s Big Failures
Then again…why should these companies be successful in making consumer VR headsets? Save Microsoft, they never made a hardware product. Meta is a software company. Same thing with Snap and Google. And although Microsoft makes hardware, it has recently pivoted to focus on cloud computing.
So, the inability of the market to create high-quality VR headsets with mainstream appeal is a result of the nature of the companies that tried to make these headsets. We see software companies trying to make hardware. No wonder they fail! It’s like asking a basketball point guard to become a rebounding machine, or a pocket quarterback to rush 100 yards.
It will not happen !
But soon everything changes…
They say that next year, the world’s most successful tech hardware maker of all time launches a VR headset.
Of course, I’m talking about Apple – the maker of the iPhone in your hand, the Apple Watch on your wrist, the Mac on your desk. Indeed, it is the maker of all major successful technology hardware products of the last 20 years.
This company manufactures a VR headset. Today, it is mainly software publishers who are trying to manufacture VR headsets. Soon the best hardware company in the world is going to make one.
The Best Metaverse Stocks to Buy in 2022
Don’t make a mistake. Apple’s VR headset will be a game changer for the metaverse.
It will be very high quality. It will look very cool, be very light and portable. It will be affordable. Indeed, that will be all it takes to gain mainstream approval.
I cannot stress enough the importance of this launch. It’s like the launch of the iPhone in 2007. This is the biggest tech hardware launch of the past decade!
Once everyone has an Apple VR headset instead of an iPhone, they’ll be hanging out in the metaverse instead of scrolling through their smartphones. The multi-trillion dollar metaverse revolution everyone is raving about is finally about to begin…
To play it, you can buy Apple shares. But it’s boring. AAnd frankly, it lacks upside potential. Apple is already a $2.4 trillion company. Even if the company entirely dominates the metaverse market, maybe the stock doubles? Maybe? And that’s not even taking into account that its VR headset business will cannibalize its iPhone business…
So, to play the emergence of the Metaverse Revolution in 2022, I say pass on the Apple stock. Instead, buy smaller VR/AR stocks that should gain big as the metaverse goes mainstream.
More specifically, there is a $5 share on my radar who I think might be the biggest winner of the Metaverse Revolution. While Apple’s stock could double, this small stock could skyrocket 20X.
Double or 20X? Which do you think is best? I like the sound of 20X gains more, don’t you?
As of the date of publication, Luke Lango had (neither directly nor indirectly) any position in the securities mentioned in this article.