10 Best Augmented Reality Stocks To Buy Now

5. Apple, Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets personal computers, smartphones, tablets, wearables, accessories, and various related services and platforms. It also manages Darwin AI, specializing in visual quality inspection using its Explainable AI platform. The company is also a major player in the AR industry, significantly contributing to it by releasing the Apple Vision Pro mixed reality headset in February.

The Apple Vision Pro has more pixels than a 4K TV for each eye, and blends digital content with a user’s physical space seamlessly. It is continuing to deliver unique spatial experiences, including immersive experiences like Submerged, the new short film. Vision Pro boasts more than 2,500 native spatial apps and 1.5 million compatible apps for visionOS 2. Apple Inc. (NASDAQ:AAPL) is continuing to work on the platform, recently announcing plans to bring Vision Pro to the UAE and Korea.

Apple Inc. (NASDAQ:AAPL) has one of the largest AR platforms in the world, with hundreds of millions of AR‑enabled devices, and thousands of AR apps on the App Store. Its AR apps on iPad help students learn and visualize better. In addition, US San Diego Health is the first hospital across the globe using Apple Vision Pro’s spatial computing apps in clinical trials for patient surgery in the operating room, reflecting its continued momentum.

The company reported a revenue of $94.9 billion in fiscal Q4 2024, making a September record and experiencing a 6% growth from last year. Much of this growth was attributed to the iPhone growing in every geographic segment, setting a new September quarter revenue record for the category. The company’s Services segment also set an all-time record, increasing by 12% year over year.

The company announced Apple Intelligence in June, an advanced personal intelligence system amalgamating the power of generative models with personal context. Apple Inc. (NASDAQ:AAPL) recently made the first set of Apple Intelligence features available in US English for iPad, iPhone, and Mac users, including a more conversational Siri, systemwide Writing Tools, a more intelligent Photos app, and more.

Apple Inc. (NASDAQ:AAPL) is set to release additional intelligence features in December, including more powerful Writing Tools, ChatGPT Integration, a new visual intelligence experience building on Apple Intelligence, and several others. More features are expected to roll out in the coming months. The stock ranks fifth on our list of the best augmented reality stocks to buy now.