Kuo: Market ‘too bullish’ on Apple Car, launch could be 2028 or later

 

According to analyst Ming-Chi Kuo, the market may be overly optimistic about the potential launch of an Apple Car. In a recent report, Kuo stated that the market is "too bullish" on the prospect of an Apple Car, and that the actual launch could be much further off than many people expect.

 

Kuo has a strong track record when it comes to predicting Apple's future product plans, so his warning should be taken seriously by those who are hoping to see an Apple Car on the roads in the near future.

 

One of the main reasons for Kuo's caution is the fact that the development of an Apple Car is a massive undertaking that will require significant resources and time. The company will need to not only design and build the car, but also establish partnerships with suppliers and manufacturers, as well as deal with regulatory issues.

 

Kuo also points out that the market for electric vehicles (EVs) is becoming increasingly crowded, with many established automakers already offering a wide range of EVs. This means that Apple will have to work hard to differentiate its product and make it stand out in a crowded field.

 

So when can we expect to see an Apple Car on the roads? Kuo estimates that the earliest we could see a launch is 2028, but it could potentially be even later. This means that anyone who is hoping to buy an Apple Car in the near future may want to temper their expectations.

 

Of course, this is all just speculation at this point, and only time will tell if and when an Apple Car will become a reality. However, Kuo's warning serves as a reminder that the development of such a complex and ambitious product is not something that can be rushed.