Apple Car could arrive in 2021: Analyst

He added that the car will be priced around $75,000.

Here's more confirmation about Apple car. According to Piper Jaffray analyst Gene Munster, one of the most respected Apple analyst, "There will be a car that you can see and order in 2019-2020."Munster added that the car will, however, probably not be delivered until "after that
...maybe 2021." According to him the advantage of showing it early will be "to hold up the market in anticipation."

Munster told this to Apple Car Fans, an unofficial website about the upcoming Apple car. He is confident that the Cupertino giant will not be building the car by itself. The company will instead follow the approach it uses for its other products. "High probability of about 80% they outsource it," Munster told Apple Car Fans. "They can still design the car themselves, the phone they don't build, they fund their supply chain," he said.

He added that the car will be priced around $75,000.

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On being asked about Apple car's quality being affected with the company outsourcing its manufacturing, Munster said that he does not believe that this would affect the quality as, "From our perspective it would be a similar model that in they are involved in the quality of the product."

Last year, Apple registered domain names related to automobiles, adding to speculation about the company's plans to develop an automobile. The company registered the domain names, which include apple.car, apple.cars and apple.auto in December, according to domain information provider.

Apple is said to be aggressively hiring auto experts from companies such as Ford and Mercedes-Benz. Tesla CEO Elon Musk has termed Apple's automotive ambitions as an "open secret" in Silicon Valley.