We've seen lots of mobile companies get into the virtual reality (VR) and augmented reality (AR) markets in recent years, including HTC, Lenovo, Samsung, and Google. Now a new report claims to have info on Apple's entry into those markets.

Apple is working on a headset that supports both VR and AR, according to a source speaking to CNET. The project is codenamed T288 and is said to be in its early stages, with a release targeted for sometime in 2020. As with most unannounced products, though, it's possible that Apple could change the project or kill it altogether.

Getting to the device itself, it's said that Apple is aiming to create a device with two 8K displays, one for each eye. The device is expected to be untethered from a computer or phone, but will connect to a dedicated box using 60GHz WiGig wireless tech. That box is said to include a custom Apple processor that's "more powerful than anything currently available" and that the box would be PC-like, but wouldn't actually be a Mac computer.

This rumored Apple headset sounds pretty impressive and also possibly pretty expensive. For example, the HTC Vive Pro that was just released has a resolution of 1440x1600 per eye, which is less than 2K per eye, along with a price tag of $799. Apple is aiming for a launch that's still a couple of years out, so things could change between now and then.