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Cars 3 apple stock car11/27/2023 How Apple Stands to Benefit: Apple excels at a collection of hardware, software and services seen as integral to a self-driving car, which will become a "computer on wheels," Munster said "While the eventuality of an Apple Car is far from certain, the continued talk about Apple's ambitions in the space is almost certain in the years to come, which should lead to multiple expansion for shares," the analyst said. ![]() ![]() Munster Puts Odds At Over 50%: There are greater than 50% chances Apple will eventually release a car, but it is likely more than five years away, Loup Funds Managing Partner Gene Munster said in a note. The stock tacked on additional gains on Friday, and scaled to an intra-day high of $161.02 before closing at a new high of $160.55. The chatter sent Apple's shares to an all-time high of $158.67 on Thursday. (NASDAQ: AAPL) Car could become a reality sooner than expected, Bloomberg reported Thursday.
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