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Apple Shows AR/VR Headset to Board in Sign of Progress on Key Project

  • AR/VR device will be its first major new product since watch
  • The headset combines virtual and augmented reality features
Bloomberg business news
WATCH: Apple shows off a new mixed reality headset to its board. Source: Bloomberg
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Apple Inc. executives previewed its upcoming mixed-reality headset to the company’s board last week, indicating that development of the device has reached an advanced stage, according to people with knowledge of the matter.

The company’s board, made up of eight independent directors and Apple Chief Executive Officer Tim Cook, convenes at least four times a year. A version of the device was demonstrated to the directors during the latest gathering, said the people, who asked not to be identified because the meeting was private.