Apple Inc. Car Could Rake In $135 Billion Revenues In 20 Years, says Gene Munster

Piper Jaffray analyst Gene Munster said that the probability of Apple Inc. (NASDAQ:AAPL) to introduce an electric vehicle (EV) is high, after The Wall Street Journal predicted a 2019 launch date in a recent piece. Although Mr. Munster believes the the iCar won't be available to consumers till 2021. He feels Apple's initial production could exceed the number of units produced by Tesla Motors Inc. (NASDAQ:TSLA ) last year.