• AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    With the Magic Leap 2, the startup went all in on enterprise — a far safer and more lucrative bet than the fickle world of gaming.

    Still, the Magic Leap 1 has continued to operate — good news for those who shelled $2,300 for the device when it finally arrived in the summer of 2018.

    From my conversation with the company, it’s safe to say Magic Leap has no short-term ambitions to return to the consumer market.

    Maybe someday scale will bring the price down to a manageable level and enough developers will be entrenched in the ecosystem to offer something meaningful.

    This is also a relatively rare instance where Apple entering the category doesn’t suck the air out of the room for smaller competitors.

    I will be discussing Magic Leap’s journey with CEO Peggy Johnson as part of the Disrupt Hardware Stage, later this month.


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