Metaverse Stocks: Get Ready to Shell Out for the ‘iPhone Killer’

A character in a virtual world.  metaverse.

Source: Led Gapline/Shutterstock

[Editor’s note: “Get Ready to Shell Out for the ‘iPhone Killer’” was previously published in August 2022. It has since been updated to include the most relevant information available.]

I love my iPhone. I can do anything with it. Send messages. call people. read the news trade stocks. Watch videos. Play games.

My iPhone is great. But as much as I love it I’m tired too.

I mean, Steve Jobs introduced the iPhone to the world in 2007. That was 14 years ago. That might as well be a century in the technology world. New tech products seem to replace old ones in no time.

Sure, the iPhone has improved dramatically since the first edition launched in 2007. But if we’re being honest, not much has changed on the iPhone since Apple ditched the home button with the iPhone X.

Yes, the cameras have improved I think. And there are even more colors. Cooler displays too, right?

Well, I don’t know about you, but these upgrades didn’t make much of a difference to me. In my opinion, the iPhone hasn’t really changed since 2017.

It’s time for something new. It’s time for the next evolution in consumer tech hardware – the device that replaces smartphones. In fact, it’s time for the iPhone killer.

Fortunately, the iPhone killer is just around the corner.

I’m talking about Apple‘s (AAPL) incoming Virtual Reality Headset. It promises to make AAPL one of the best Metaverse stocks to buy.

Every tech company in the world is going all in on virtual reality technology. They’re racing to build what many believe to be the next generation of the internet – the metaverse.

What is the metaverse?

The Metaverse is basically a 3D version of the Internet. It’s the internet. It has games, videos, news, shopping, ads – everything. But we won’t be interacting with all that content by swiping on a digital screen like we do now. Instead, we’ll put on a virtual reality headset and dive into this content.

In other words, you’re not watching the internet through a screen. You will be in the Internet. In a nutshell, this is the Metaverse.

Meta (META) is so confident about that future that it’s changed its name – short for Metaverse, of course. Microsoft (MSFT) builds Metaverse Offices, mostly centered around its Teams platform. NVIDIA‘s (NVDA) CEO has said that the metaverse will be “much, much larger than the physical world.”

The big tech world has spoken. The Metaverse is the future.

However, to access the metaverse, you will need a virtual reality headset. And to date, big tech companies have tended to create nondescript VR headsets.

alphabet (WELL, Google) launched Google Glass, a non-musical product that was low quality, expensive, and invasive enough to nickname anyone who wore it “Glassholes.” Secure, snap‘s (SNAP) Spectacles and Meta’s Oculus Quest 2 are decent, but they haven’t taken the world by storm. Meanwhile, Microsoft’s HoloLens 2 is technically very impressive. But it weighs a whopping 1.25 pounds, starts at $3,500, and is intended solely for corporate use.

So that we understand each other. Big tech companies have tried to make VR headsets. And for the most part they failed. And Metaverse shares have remained flat.

Big Tech’s Big Fails

Then again…why would these companies succeed in making mainstream VR headsets? Apart from Microsoft, they have never made any hardware product. Meta is a software company. The same goes for Snap and Google. And while Microsoft makes some hardware, it has recently focused on cloud computing.

So the market’s failure to create quality VR headsets with mainstream appeal is due to the nature of the companies that have tried to make these headsets. We see software companies trying to make hardware. No wonder they fail! It’s like asking a basketball point guard to become a rebound machine or asking a pocket quarterback to rush 100 yards.

It’s not going to happen!

But soon that will all change…

It is rumored that next year The world’s most successful maker of tech hardware of all time releases a VR headset.

Of course I’m talking about Apple – the maker of the iPhone in your hand, the Apple Watch on your wrist, the Mac on your desk. In fact, it is the maker of all the major successful tech hardware products of the last 20 years.

That The company makes a VR headset. These days it’s mostly software companies trying to make VR headsets. Soon the best hardware company in the world will be making one.

The Best Metaverse Stocks to Buy in 2022

make no mistake Apple’s VR headset becomes a game changer for the metaverse.

It will be very high quality. It will look very cool, very light and portable. It will be affordable. Indeed, it will be all it takes to gain mainstream approval.

I cannot stress enough the importance of this launch. It’s like the introduction of the iPhone in 2007. This is the biggest tech hardware launch of the last decade!

Once everyone has an Apple VR headset instead of an iPhone, they’ll be hanging around the Metaverse instead of scrolling on their smartphones. The multi-trillion dollar Metaverse revolution everyone is raving about is finally about to begin…

To play it, you could buy Apple stock. But this is boring. AAnd frankly, there is a lack of upside potential. Apple is already a $2.4 trillion company. Even if the company completely dominates the Metaverse market, maybe the stock will double? Maybe? And that’s not even considering that his VR headset business will cannibalize his iPhone business…

So to play out the making of the Metaverse Revolution in 2022, I say pass on Apple stock. Instead, buy smaller VR/AR stocks that will make big gains as the metaverse goes mainstream.

More precisely there is a $5 share on my radar, which I think could be the biggest winner of the Metaverse Revolution. While Apple stock could double, this tiny stock could soar 20x.

Double or 20X? Which one sounds better to you? I like the sound of 20X Gains more, don’t I?

At the time of publication, Luke Lango had no position (either directly or indirectly) in any of the securities mentioned in this article.