Noted Apple analyst Ming-Chi Kuo has predicted that Apple could release AR glasses and a car by 2025, in a move to push the company toward its next trillion dollar valuation.
As published by MacRumours, Kuo’s note states: “We expect that Apple Car, which will likely be launched in 2023, will be the next star product.”
Among the reasons for this according to Kuo is the “potentially huge replacement demands … emerging in the auto sector because it is being redefined by new technologies. The case is the same as the smartphone sector 10 years ago,” wrote Kuo.
He added: “Apple’s leading technology advantages (e.g. AR) would redefine cars and differentiate Apple Car from peers’ products.”
Apple’s self-driving car programme, known as Project Titan, has been rumoured for years, although the company has never publicly acknowledged the project.