Opinion: Current vr tech is limited by the price point for the target audience. There is amazing stuff around but it requires a lot of additionalities. Good VR is not cheap today yet. Meta tries, but their quests aren't magic either and require significant external pc and fiddling with software to do anything real. This limits development of applications to either the very rich companies, demonstations and the highly motivated.
Perhaps apple will kickstart companies?
Concidence: Apple priced vision pro the same as HoloLens 2.
I think Apple seriously entering this market will boost innovation from other brands and suppliers. Eventually leading to a lower price for everyone.
Apple is a big player with a lot of cash, and when big players invest in partners to develop tech the partners capabilties also improve and they are able to offer new stuff to competitors. This is a good thing, even when it flops.
Also, the people working on this at apple won't all stay at Apple and this knowledge, even through NDA's, will find it's way out.
But yes, it's f'kin expensive. The audience reactions on this are funny. But so are their macbooks, which the thing basically is.