Apple Car Is 'A Matter Of When, Not If' Says Analyst

Benzinga2021-04-20

Wedbush Securities analyst Daniel Ives expects Apple Inc to lay out the groundwork for the Apple Car in the next 3 to 6 months he said Tuesday on CNBC's "Squawk Box."

"It's a matter of when, not if" for the Apple Car, he added.

The analyst does not expect any news regarding the Apple Car later today at Apple's first event of 2021.

Ives is expecting a refresh across the iPad line announced today. There may be hints about a potential AirPods 3 release, as well as some hints about future AR/VR technology, Ives said.

The analyst also believes that Apple will release an Apple Glasses product in 2022.

Analyst Rating:Ives has an Outperform rating on Apple with a $175 price target.

The analyst thinks that the product cycle plus strong numbers when the company reports next week will be a "one, two punch" for Apple.

As innovation continues at Apple, the stock will continue to go higher, Ives added.

Price Action:Apple is down 0.84% to $133.72 in Tuesday morning.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Jazling
2021-04-21
Jazling
Comment pls
kino318
2021-04-21
kino318
Thk u. Pls comments. If price reasonable, will continue to buy
pet
2021-04-21
pet
What next after auto?
TOTHEMOOOOON
2021-04-20
TOTHEMOOOOON
Like n comment pls
- Jazling:
  Ok
- SUPERCHARGER:
  Comment back leh
- 0680huat:
  ok
大鸭J
2021-04-20
大鸭J
Mi's in gives Apple the courage and baisc factories to build the Apple Car.
- elite:
  oower
CPCheah
2021-04-20
CPCheah
Tell me your opinion about this news...

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1114614134?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-20 23:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1114614134","market":"us","top_or_hot":-1,"title":"Apple Car Is 'A Matter Of When, Not If' Says Analyst","media":"Benzinga","content":"<p>Wedbush Securities analyst Daniel Ives expects&nbsp;<b>Apple Inc</b>&nbsp;to lay out the groundwork for the Apple Car in the next 3 to 6 months&nbsp;he&nbsp;said&nbsp;Tuesday on&nbsp;CNBC's \"Squawk Box.\"</p>\n<p>\"It's a matter of when, not if\" for the Apple Car, he added.</p>\n<p>The analyst does not expect any news regarding the Apple Car later today at&nbsp;Apple's first event of 2021.</p>\n<p>Ives is expecting&nbsp;a refresh across the iPad line announced today. There may be hints about a potential AirPods 3 release, as well as some hints about future AR/VR technology, Ives said.</p>\n<p>The analyst also believes that Apple will release an Apple Glasses&nbsp;product in 2022.</p>\n<p><b>Analyst Rating:</b>Ives has an Outperform rating on Apple with a $175 price target.</p>\n<p>The analyst thinks that the&nbsp;product cycle plus strong numbers when the company reports next week will be a \"one, two punch\" for Apple.</p>\n<p>As innovation continues at Apple, the stock will continue to go higher, Ives added.</p>\n<p><b>Price Action:</b>Apple is down&nbsp;0.84% to $133.72&nbsp;in Tuesday morning.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Car Is 'A Matter Of When, Not If' Says Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Car Is 'A Matter Of When, Not If' Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n2021-04-20 23:00 北京时间&nbsp;&nbsp;&nbsp;<strong>Benzinga</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wedbush Securities analyst Daniel Ives expects Apple Inc to lay out the groundwork for the Apple Car in the next 3 to 6 months he said Tuesday on CNBC's \"Squawk Box.\"\n\"It's a matter of when, not if\" ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":null,"article_id":"1114614134","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1114614134","pubTimestamp":1618930825,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Wedbush Securities analyst Daniel Ives expects Apple Inc to lay out the groundwork for the Apple Car","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"分析师说，苹果汽车是一个“时间问题，而不是是否”的问题","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Wedbush Securities analyst Daniel Ives expects Apple Inc to lay out the groundwork for the Apple Car in the next 3 to 6 months he said Tuesday on CNBC's \"Squawk Box.\"\n\"It's a matter of when, not if\" for the Apple Car, he added.\nThe analyst does not expect any news regarding the Apple Car later today at Apple's first event of 2021.\nIves is expecting a refresh across the iPad line announced today. There may be hints about a potential AirPods 3 release, as well as some hints about future AR/VR technology, Ives said.\nThe analyst also believes that Apple will release an Apple Glasses product in 2022.\nAnalyst Rating:Ives has an Outperform rating on Apple with a $175 price target.\nThe analyst thinks that the product cycle plus strong numbers when the company reports next week will be a \"one, two punch\" for Apple.\nAs innovation continues at Apple, the stock will continue to go higher, Ives added.\nPrice Action:Apple is down 0.84% to $133.72 in Tuesday morning.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":371529860,"gmtCreate":1618961938050,"gmtModify":1704717441475,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3566821013640470","authorIdStr":"3566821013640470"},"htmlText":"Comment pls","listText":"Comment pls","text":"Comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371529860","repostId":1114614134,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":371506038,"gmtCreate":1618958448924,"gmtModify":1704717363871,"author":{"id":"3578134255896974","authorId":"3578134255896974","name":"kino318","avatar":"https://static.tigerbbs.com/e983f44b7853b7b8c10f1b3f6e19dc68","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3578134255896974","authorIdStr":"3578134255896974"},"htmlText":"Thk u. Pls comments. If price reasonable, will continue to buy","listText":"Thk u. Pls comments. If price reasonable, will continue to buy","text":"Thk u. Pls comments. If price reasonable, will continue to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371506038","repostId":1114614134,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":371221449,"gmtCreate":1618950642981,"gmtModify":1704717305880,"author":{"id":"3574914454410809","authorId":"3574914454410809","name":"pet","avatar":"https://static.tigerbbs.com/d8bb8cf9a25355b93399ce59a269665b","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3574914454410809","authorIdStr":"3574914454410809"},"htmlText":"What next after auto?&nbsp;","listText":"What next after auto?&nbsp;","text":"What next after auto?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371221449","repostId":1114614134,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":371647976,"gmtCreate":1618933943995,"gmtModify":1704717204503,"author":{"id":"3576043724479903","authorId":"3576043724479903","name":"TOTHEMOOOOON","avatar":"https://static.tigerbbs.com/4a17213e6366b879bd6692650a736cb1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576043724479903","authorIdStr":"3576043724479903"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/371647976","repostId":1114614134,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4087348,"gmtCreate":1618961931212,"gmtModify":1680784870413,"authorId":3566821013640470,"author":{"id":3566821013640470,"idStr":"3566821013640470","authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371647976,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4086903,"gmtCreate":1618959833174,"gmtModify":1680784860154,"authorId":3561239881014940,"author":{"id":3561239881014940,"idStr":"3561239881014940","authorId":3561239881014940,"name":"SUPERCHARGER","avatar":"https://static.tigerbbs.com/1d8977ccd4cef3718d77de1198ec99b1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371647976,"type":1,"supId":0,"prevId":0,"content":"Comment back leh","text":"Comment back leh","html":"Comment back leh"},{"id":4085560,"gmtCreate":1618934699310,"gmtModify":1680784844569,"authorId":3578465657605658,"author":{"id":3578465657605658,"idStr":"3578465657605658","authorId":3578465657605658,"name":"0680huat","avatar":"https://static.tigerbbs.com/674aa720475e31276b1e3c6cfc5cc9b0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371647976,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":371642797,"gmtCreate":1618933810519,"gmtModify":1704717201248,"author":{"id":"3492499585203262","authorId":"3492499585203262","name":"大鸭J","avatar":"https://static.tigerbbs.com/e3d1e3acfa5bf298556a345595efbc1d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3492499585203262","authorIdStr":"3492499585203262"},"htmlText":"Mi's in gives Apple the courage and baisc factories to build the Apple Car.","listText":"Mi's in gives Apple the courage and baisc factories to build the Apple Car.","text":"Mi's in gives Apple the courage and baisc factories to build the Apple Car.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371642797","repostId":1114614134,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4086610,"gmtCreate":1618957972467,"gmtModify":1680784863786,"authorId":3555312962232191,"author":{"id":3555312962232191,"idStr":"3555312962232191","authorId":3555312962232191,"name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371642797,"type":1,"supId":0,"prevId":0,"content":"<u>oower</u>","text":"<u>oower</u>","html":"<u>oower</u>"}],"langContent":"EN"},{"id":371682413,"gmtCreate":1618931586832,"gmtModify":1704717149187,"author":{"id":"3581982069604352","authorId":"3581982069604352","name":"CPCheah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581982069604352","authorIdStr":"3581982069604352"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371682413","repostId":1114614134,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1114614134"}