Apple Analyst Ming-Chi Kuo’s thoughts on Apple Car

Previously on Right ClickTwo Apple insiders earlier revealed Apple’s plans to make an EV. They say it’s “like the first time you saw the iPhones.” (+ Elon Musk’s reaction)

When will it come: 2025-27. But might be delayed to 2028 or further.

Will Apple succeed: Although, Apple does have some competitive advantages, it might also fail as it did in smart speaker market. EV Market is a lot fiercer than smart speaker market.

How to succeed: The key success factor is big data/AI, not hardware.

Apple’s disadvantage: With Apple coming late, rivals will already have have accumulated at least five years of big data and be conducive to deep learning/AI

BottomlineKuo said the market is “overly bullish” about the Apple Car’s launch schedule, and he has advised investors to avoid buying Apple Car-related stocks at this time.”

Subscribe to Right Click

One email every morning with smart tech news to jumpstart your day.