Apple’s (NASDAQ:AAPL) stock is in the news as the tech company may finally be about ready to enter the virtual reality (or VR) space after years of rumors concerning its headsets.
A new collection of trademark filings have popped up that leads holders of AAPL stock to believe its headsets are on the way. That includes filings for “Reality One,” “Reality Pro,” and “Reality Processor” devices.
It’s worth noting that none of these filings come directly from Apple. Instead, they come from legal firms representing the company. This is typically how Apple files for trademarks and adds to the idea that these are new VR devices from the company.
Of course, Apple is refusing to comment on the trademark filings, which makes sense. The company doesn’t plan to have its headsets ready until later in 2023. It likely doesn’t want to confirm any naming of the devices until it announces them officially during a special event.
AAPL Stock Will Likely Benefit From an Official Announcement
The VR headset trademark news spreading on Monday isn’t having the biggest effect on AAPL stock. However, it’s likely an official announcement from the company will be a positive catalyst for the shares. Now investors just have to wait for that news from the big tech company.
AAPL stock is down 1.1% as of Monday morning and is down 11.1% since the start of the year.
Investors looking for more recent stock market news will want to stick around!
We’ve got all of the hottest stock market news that traders need to know about for Monday! A few examples of that include why Pinduoduo (NASDAQ:PDD) stock is rising today, an upcoming event for AMC Entertainment (NYSE:AMC) stock, as well as what’s got Humanigen (NASDAQ:HGEN) stock falling today. You can get up to speed on all of this news at the links below!
More Stock Market News for Monday
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- Why Is Humanigen (HGEN) Stock Down 16% Today?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.