Not an expert, but my first impression was that once Meta got ahold of the Apple Vision Pro and took it apart in the lab, the conclusion was that had no chance of beating it, from a hardware point of view.
They do, but Meta's knows the market for $3500 device is way smaller than Apple realized. Sub $1000 is a must. Apple doesn't respect or support developers so there are no apps for it, no games for it. Everything but the screens are sub-par for the Apple device (to date, things might change).
Meta will come out with a Quest 4 that will be better than the 3 and sell WAY more than Apple's device. As heard on a podcast, I've seen more Cybertrucks than I have Apple Vision Pro's in the world.
