'Apple Car is a matter of 'when, not if' claims analyst' - Appleinsider
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives predicts that Apple will launch an Apple Car by 2026. Despite Apple not acknowledging the rumors, it is widely believed that the company is developing a car due to the numerous related patents it has applied for and its links to a self-driving test facility in Arizona. Ives previously predicted in 2021 that Apple would announce a strategic car partnership within three to six months, which did not happen.
June 30, 2023 | 12:56 pm
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POSITIVE IMPACT
Apple is predicted to launch an Apple Car by 2026, according to Wedbush analyst Daniel Ives. This could potentially open a new revenue stream for the company.
The news of Apple potentially launching a car by 2026 could have a positive impact on the company's stock. This is because it could open a new revenue stream for the company, which could increase its profitability and therefore its stock price. However, the confidence level is not at the maximum due to the fact that Apple has not confirmed these rumors.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100