I would think instead they would do a wireless headset that connects back to a laptop or desktop. There are lots of design tools that are taking advantage of VR some exist already others are in various stages of development. Microsoft is doing very well with the HoloLens in medical and a number of industrial fields, complex design and cad stuff too. I can see Apple wanting in on that, because they build stuff for creators and all that jazz…. But by the time they come out with the M2 or an M3, they will likely be on the A17 and A20, which for all we know could then rival the M1 while maintaining the 7-14w envelope.I wouldn't expect the M1 as such. My theory is that it'll be an M2 or even M3 variant (depending on timing) with optimizations for headsets. So power consumption will be in check, but the performance will still be relatively strong (particularly for graphics; it might be 4K per eye). I certainly wouldn't rule out an A-series chip, but the rumors suggest Apple wants to transcend the "phone with goggles" performance we get from stand-alone headsets today.
If it weren’t for the fact VR makes me hurl and there are no good sets out there I can comfortably fit over my glasses I would be very tempted to use them in place of multi-monitor setups for work. My desk is up to 4 monitors now and it’s getting ridiculous.