Mark Gurman, reporting for Bloomberg:

Apple Inc.’s Dan Riccio, who oversaw the company’s push into mixed-reality headsets and previously served as its hardware engineering chief, is retiring.

The veteran executive, a vice president who reports to Chief Executive Officer Tim Cook, is leaving Apple this month, according to people with knowledge of the move. Employees in Riccio’s Vision Products Group, which includes a couple thousand engineers working on headsets and related technology, were told they would become the responsibility of John Ternus, Apple’s hardware boss.

Mike Rockwell, Riccio’s current lieutenant, will continue to lead the Vision Products Group on a day-to-day basis, said the people, who asked not to be identified because the changes aren’t public.

Gurman’s framing here in his lede could leave casual readers with the impression that Riccio is perhaps leaving because of the tepid consumer response to Vision Pro, but as Gurman subsequently mentions, this timeline was seemingly in the cards ever since Riccio stepped down as senior vice president of all hardware (a role now filled by John Ternus) in 2021.