Apple Car May Become Reality In 2023

Ming-Chi Kuo, a top Apple analyst with Hong Kong-based TF International Securities, has predicted that Apple could release AR glasses and a car by 2025, in a move to push the company toward its next trillion dollar valuation. Kuo foresees the Apple Car revolutionizing the automobile market much as the iPhone did back in 2007.

Kuo foresees the Apple Car revolutionizing the automobile market much as the iPhone did back in 2007.

Ming-Chi Kuo who was earlier with Taiwan-based KGI Securities has reportedly sent a new note for investors, outlining products that he expects to be released by Apple in future.

Ming-Chi Kuo reportedly sent a new note for investors

As published by MacRumors and reported late on Tuesday, Kuo’s note states: 

“We expect that Apple Car, which will likely be launched in 2023, will be the next star product. Apple’s leading technology advantages (e.g. AR) would redefine cars and differentiate Apple Car from peers’ products. ”

"Apple will earn its 2 trillion dollar market cap through its services business, an Augmented Reality headset, and an Apple Car, according to famed Apple analyst Ming-Chi Kuo who now works for TF International Securities," 

"Apple will launch an Apple Car sometime between 2023 and 2025, with the car set to be positioned as ''the next star product''. 

However, the details of the possible car were not provided by Kuo. The Cupertino-based company has largely remained silent on its plans about the Apple Car.

The Cupertino-based company has largely remained silent on its plans about the Apple Car.

Notably, it has more self-driving car permits in the US state of California than any other technology company. The self-driving car program of Apple, which is named Project Titan, has been rumoured for years, although the company has never publicly acknowledged the project.

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