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Well-known Apple analyst Ming-Chi Kuo released the latest investor report today. He listed the Apple products he would like to see. He said that Apple will gain the next trillion dollars in market value through services, augmented reality headsets and Apple Cars.
Guo Mingchi said that Apple will launch an Apple car sometime between 2023 and 2025, which will be positioned as the "next star product." Guo Mingchi predicts that Apple cars will completely change the car market, just as the iPhone completely changed the smartphone market in 2007.
The report reads: "We expect that Apple cars, which will be launched from 2023 to 2025, will become the next star product. The reasons are as follows: (1) Due to the redefinition of new technologies, potential huge replacement demand in the automotive industry is emerging. The same as the smartphone industry 10 years ago; (2) Apple’s leading technological advantages (such as AR) will redefine cars and differentiate Apple cars from similar products; (3) Enter the huge auto finance market through Apple cars , Apple’s services will grow significantly; (4) Apple’s ability to integrate hardware, software, and services is better than its current competitors in the consumer electronics field and potential competitors in the automotive field."
Guo Mingchi also believes that Apple plans to launch AR glasses in 2020 to expand the existing augmented reality market. He said that AR is the "next generation of revolutionary UI" and Apple plans to redefine the UI of its existing products by providing AR experiences created by augmented reality glasses.
Finally, Guo Mingchi also said that Apple will continue to launch services to promote further revenue growth, but he did not elaborate on what new service categories Apple may provide in the future.
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