Apple’s iPhone has changed the way we do everything from watching TV to hailing a taxi – but its next product could be even more revolutionary.
Apple will release a self-driving car which will be its ‘next star product,’ an analyst with a long track record of accurate Apple predictions has said.
Ming-Chi Kuo of TF Securities predicts that the car will be released some time between 2023 and 2025.
He predicts that the car will become Apple’s most successful product.
Apple has sold more than a billion iPhones since the device launched in 2007.
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In an investor report, the analyst wrote, ‘Apple’s leading technology advances (e.g. AR) would redefine cars and differentiate Apple Car from peers’ products.
‘Apple’s service will grow significantly by entering the huge car finance market via Apple Car, and Apple can do a better integration of hardware, software, and service than current competitors in the consumer electronics sector and potential competitors in the auto sector.’