（Cover image source: Reuters）
According to a recent report by AppleInsider, analyst Ming-Chi Kuo from TF Securities warned against over-believing the previous supply chain confirmation that Apple will release the Apple Car in September next year.
Kuo further stated that the current promotion around the news is more to boost the value of “concept stocks” related to Apple’s car-making, and he does not recommend investors to buy stocks of related companies at this stage.
In a previous report, TF Securities predicted that Apple would launch the Apple Car between 2023 and 2025, but the company stated in its latest research that the current development timetable for the Apple Car is still unclear. According to their estimates, if “everything goes smoothly” starting from this year, the launch time may be between 2025 and 2027.
（Image source: wccftech）
Goldman Sachs believes that the Apple Car may be launched in 2024 and that the Apple Car may be a hardware platform mainly focused on providing services. However, the high cost of making cars may mean limited impact on investors. Lower profit margins may prompt Apple to outsource the production of the vehicle itself to a traditional car manufacturer and focus on optimizing the user experience.
Morgan Stanley believes that Apple is interested in “optimizing the driving experience by vertically integrating hardware, software, and services.” Apple’s car-making is a long-term project, especially considering that Apple will use its core technology in processor design, batteries, cameras, sensors, and displays to support the car-making project.
🔗Source: AppleInsider
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.