Apple to Introduce Apple Car and AR Headset By 2025

by August 16, 2018 0 comments

Apple will launch an augmented reality (AR) headset and an Apple car between 2023 and 2025.

Macrumors reported that according to renowned Apple analyst Ming-Chi Kuo, who now works for TF International Securities, “Apple will earn its two trillion dollar market cap through its services business, an augmented reality headset, and an Apple Car”. Kuo sent out a new note for investors about Apple’s future products he looks forward to.

The Apple car will be positioned as “the next star product”. It will transform the auto market as the iPhone did in 2007. He stated a number of reasons for claiming the above; 1) The huge replacement demands in the automobile market, 2) The leading technologies with Apple have the ability to differentiate the car from peers’ products, 3) the company’s service will grow immensely by entering the car finance market, 4) lastly, Apple can perform better assimilation of hardware, software and services than its competitors.

Though, he didn’t specify any technical details about the car and headset and its time of launch.

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