Connect with us

Electric Cars

Apple Car, in the future, could bring Apple much more money than the iPhone




To such conclusion specialists from the Morgan Stanley banking holding came.

The Apple Car project has been a constant target of analysts and investors since Reuters reported in December that the iconic iPhone maker had revived the dormant Project Titan, which would launch an electric vehicle equipped with autopilot technology. Everyone immediately wondered how viable the Apple project was. And also how profitable it can become.

Morgan Stanley holding analyst Katy Huberty, concluded that Apple Car can bring very large profits. One of the main reasons for its success, according to the analyst, could be Apple’s huge user base. At the moment it is about 1 billion users. Plus, a developed ecosystem and, perhaps most importantly, a lot of money that can be spent on the development and development of promising technologies.

As with its iPhones, Apple is likely to outsource the production of key components as well as the assembly of the car. And to surpass iPhone revenues, Apple Car only needs 2 percent of the car market. So the project of an electric car from Apple is not just another whim of marketers, but a long-term program to make big money.

A source: wccftech

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Components7 hours ago

Sapphire GPRO X070 – a variant of the Radeon RX 5700 XT video card with passive cooling

Sapphire has released a passively cooled version of the Radeon RX 5700 XT, a professional GPRO series. The novelty is...

News10 hours ago

VW ID Buzz electric minibus launch postponed

Volkswagen has postponed the release of the electric reincarnation of the iconic T1 minivan. As a concept, the ID Buzz...

News12 hours ago

According to the head of TSMC, risky production at 3 nm norms will begin this year

TSMC is mastering the 3-nanometer process technology in accordance with the previously outlined schedule. This was announced during a press...

Components13 hours ago

Pat Gelsinger urges Intel employees to make processors better than Apple

As you know, exactly one month later Pat Gelsinger will become the CEO of Intel. According to the source, he...

News14 hours ago

The past year was a record for the total cost of mergers and acquisitions in the semiconductor industry

Analyst firm IC Insights is set to release its 2020 semiconductor industry report later this month. It examines, in particular,...

News14 hours ago

Finally, Trump nearly destroyed the automotive industry around the world

Automakers around the world are now facing big challenges. Many car manufacturers are closing assembly lines due to a global...

Electric Cars14 hours ago

Smartphones have already replaced wallets for many, and now they will replace car keys

The number of possible scenarios for using a smartphone continues to grow over the years. For many, the smartphone has...

News14 hours ago

The Corsair 5000 series includes three models

Corsair has announced a line of mid-tower cases that includes the 5000D, 5000D AIRFLOW and iCUE 5000X RGB models. All...

Popular this week