Thread by @SadBillAckman

Here is why I am short the idea that $AAPL is going to launch and/or do anything meaningful in the world of AR (the glass) in the near future.

There is a great app for AR - let me hold my phone up and show me where my #Airtag is in 3D space - ya it doesn't exist.

I shit on the idea of #Airtags for years as they were a hyped thing, then $APPL shipped them and they turned out ok - so I should be careful.

But I have see the media/analyst community confidently predict products for years and they never ship.

When I got my first Jawbone for my BB Curve I thought, man it would be great if I could listen to music on this from my iPod.

Airpods were an obvious killer app - they solved a problem people had, and they did it well.

I remember on a trip to Mexico with this camera flicking around the touch screen in a way that would be similar to the iPhone. $AAPL

The $AAPL iPhone itself - who didn't want a combination of a
full screen video ipod
an internet communicator
and a phone

A mac with PORTS, fucking crazy!

$AAPL

So, what is the obvious use case for AR?

Well we all want @reckless's Linkedin integration that tells us who the hell we are talking to at parties, but that is a privacy nightmare and really want happen anytime soon, or ever.

$AAPL

Navigation for sure - but how many people need daily nav in a way not already served *well enough* from the phone?

Most people live pretty boring lives.

$MSFT has AR here, and it is good at telling you were to put bolts in a GE LM6000.

What could $AAPL drop in the next year, that they have built a foundation for that could change the game in AR?

I don't think anything.