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How Apple’s upcoming mixed-reality headset will work

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Apple Inc.'s long-anticipated mixed-reality headset is an ambitious attempt to create a 3D version of the iPhone's operating system, with eye- and hand-tracking systems that could set the technology apart from rival products.

The roughly $3,000 device, due later this year under the likely name of Reality Pro, will take a novel approach to virtual meetings and immersive video, aiming to shake up a VR industry currently dominated by Meta Platforms Inc.

It's a high-stakes gambit for Apple, which is expanding into its first major new product category since releasing a smartwatch in 2015, and the company needs to wow consumers.

Apple is pushing into an uncertain market with a premium-priced product. The company's 1,000-person-plus Technology Development Group has spent more than seven years on the project, and Apple is counting on it to become a new revenue source — especially with sales growth poised to stall this year.

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