I venture that Ming-Chi Kuo is a resident of Apple Park and he/she leaks info that Apple wants to tease the market with.
If I am right then I would be telling Ming-Chi to forget Vision Pro M5. The intelligent thing is to let this product go. There really isn't a vast commercial market for any mixed realty headset, regardless of how well they are made. Phones, AirPods, iPads, Watches, MacBooks sure they are everyday products that sell in the millions each year.
I don't see mass market appeal for a product you wear on your face unless you are working in a lab or in some order dedicated professional setting where a mixed reality headset makes perfect sense.
Maybe, and this is a Hail Mary maybe, if mixed reality headsets became a thing around the house and folks got rid of their telly. In which case you would have a family of 4 or more sitting around looking like aliens and watching movies in a greatly enhanced experience.
But, the movie studios, streamers and WiFi carriers would have to be on board. Otherwise it would be the demise of the 3D cinema all over again.
Something to cogitate over.