'Apple Car' could generate $50B in revenue by 2030, analyst says
The "Apple Car" may not disrupt the market when it first debuts, but Piper Sandler says it could become a solid hardware revenue source for Apple, possibly generating $50 billion by 2030.In a note to investors seen byAppleInsider, lead analyst Harsh Kumar laid out Piper Sandler's framework for a potential "Apple Car" release."Overall, we think Apple entering the automotive market makes perfect sense. Similar to its other hardware offerings, the company can enter the market at a time of peak tech