People used to get along fine with a magazine or book; that doesn't mean they weren't ready for something better.
I just don't see the market Apple envisions materializing. I'd expect 20 people to be using a Quest in economy before you see 2 people using a Vision Pro in business.
If plane seating is anything to go by, most people don't want a luxury experience but a practical and cheap one instead. Most seats aren't reserved for premium passengers because they are a minority, maybe a profitable audience but not at all the primary one.
OG iPhone: $799
iPhone 3G: $199
> They are a luxury brand that relies on luxury margins, so I want to know why their business model will succeed.
Apple has shown many times over they don't need to be price competitive with the commodity segment. If you want to know why their business model will succeed, why not just look at their current business model which has been massively successful? Arguably the most successful business model in the history of consumer hardware.