<div id="readability-page-1"><div><div>Apple Inc. AAPL has the potential to outshine Meta Platforms, Inc.’s META Ray-Ban smart glasses, says analyst Ming-Chi Kuo.What Happened: Over the weekend, Kuo highlighted Apple’s lag in the smart glasses market, especially compared to Meta’s Ray-Ban models.“Apple could build the best Meta Ray-Ban–like smart glasses on the market,” Kuo said, “Yet its decision-making in this area has been surprisingly slow.”Despite this, Kuo expressed confidence that Apple's renewed push for hardware innovation could lead to significant market shifts.“Better late than never,” he said, adding, “Apple’s renewed push for hardware innovation is undoubtedly good news for the supply chain.”Kuo's observation came after he shared a research update and key findings, noting that Apple is working on at least seven head-mounted and smart glasses projects, with some slated for release from 2027 onward.This includes Vision Pro M5 Version, Vision Air, All-New Design Vision Pro 2nd Generation, XR Glasses and display accessory.Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.Why It's Important: Earlier this month, Venture capitalist Chamath Palihapitiya harshly criticized Apple's future innovation potential on the All-In podcast, arguing the company has no chance of delivering major breakthroughs.There's a growing skepticism about Apple's capacity to stay ahead in emerging technologies like AI and spatial computing, particularly when compared to agile startups and major rivals such as Alphabet Inc.'s GOOG GOOGL and Meta.Previously, it was reported that Apple executives have discussed the possibility of acquiring Perplexity AI, but the startup said it is not aware of any current or planned acquisition talks.Price Action: Data from Benzinga Pro shows that Apple's stock has fallen by 17.54% year-to-date and has declined 7.23% over the past year.Benzinga's Edge Stock Rankings suggest that Apple's shares remain on a downward trajectory across short, medium and long-term timeframes. More detailed performance data is available here.Check out more of Benzinga’s Consumer Tech coverage by following this link.Photo Courtesy: Muhammad Raid Ahyan 2105 on Shutterstock.com<ul> <li>US Stocks Likely To Open Lower After Moody's Downgrade: ‘Bear Market Isn't Fully Recovered Yet, But It Is Close,' Says Expert</li> </ul></div></div></div>

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Analyst Ming-Chi Kuo believes Apple has the potential to surpass Meta's Ray-Ban smart glasses but criticizes Apple's slow decision-making in the smart glasses market. Kuo noted that Apple is working on multiple head-mounted and smart glasses projects, with some expected to launch from 2027. Despite skepticism about Apple's innovation capabilities, Kuo remains optimistic about its renewed focus on hardware innovation. Meanwhile, Apple's stock has declined significantly, falling 17.54% year-to-date and 7.23% over the past year, indicating a downward trend in its shares.

- Analyst Ming-Chi Kuo suggests that Apple Inc. has the potential to surpass Meta Platforms' Ray-Ban smart glasses, despite its current lag in the market.  
- Kuo noted that Apple is working on multiple smart glasses projects, with some expected to launch from 2027 onward, and emphasized that its renewed focus on hardware innovation could positively impact the supply chain.  
- However, skepticism remains regarding Apple's ability to lead in emerging technologies, as highlighted by criticisms from venture capitalist Chamath Palihapitiya and recent stock performance trends.  

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Apple Has the Potential To Crush Meta's Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been 'Surprisingly Slow'