Apple’s Tim Cook says a massive change is coming to the car industry
21 October, 2015 | Technology
Rumours about an Apple car have been flying around for a couple of years now but that rumour has become a little more real this week with Apple CEO Tim Cook saying a “massive change” is coming to the automotive industry.
Tim Cook said,
“When I look at the automobile, what I see is that software becomes an increasingly important part of the car of the future, I do think that industry is at an inflection point for massive change, not just evolutionary change.”
Tim Cook may have made this statement while talking about self-driving car technology and Apple’s CarPay, but from this subtle hint it has led many to believe that he was talking about the Apple Car.
The supposed forthcoming Apple electric vehicle is speculated to be being developed under the code name Project Titan and has been given a 2019 launch date.
It may not be too farfetched to believe that Tim Cook may have been hinting towards an Apple car as Apple have in the past dropped subtle hints regarding future markets they are planning to enter. This could mean that Tim Cook is hinting that Apple might bring a massive change to the car industry and not just the dashboards.
The rumour has even led to a team of tech analysts from Jefferies & Co predicting the cost of this highly anticipated Apple Car. The team estimate that the Apple Cars average price tag will be around $55,000 (or £36,000).
So what can we expect from an Apple car?
It is likely to be powered by electricity, which if the predicted price above is anything to go by then it would put it in a good position to take on the Tesla Model S.
Analysts predict that the Apple car may also sell over 200,000 units if released in 2019.
However, very little is known about what Apple is planning for their potential Apple car but as soon as we know, we will let you know!