Apple Delays AR Smart Glasses to 2029, Stock Falls 2%

On June 3, 2026, analyst Ming-Chi Kuo reported that Apple has delayed its display-equipped AR/XR smart glasses to 2029 after incoming CEO John Ternus approved a major product overhaul that scraps the Vision Pro successor. The company will now focus on just two smart-glasses models, with display-free AI glasses still targeted for a 2027 launch at $200–$500. This follows the June 1 Bloomberg report on the codenamed N50 model, which initially set late-2027 expectations. Apple shares fell about 2% on the news, highlighting investor sensitivity to wearable timelines.