The $3 Electric Vehicle Stock Set to Explode From Apple’s Hidden Launch Every once in a while, a revolutionary productcomes along that changes everything.
So said the late Steve Jobs when he unveiled the first iPhone in 2007, boasting how an iPod-lookalike with Blackberry (BB) functionality would change everything.
He couldn’t have been more right.
Today, more than a billion iPhones exist across the globe. Last quarter alone, Apple (AAPL) sold more than $50 billion worth of iPhones, and, with a $2.4 trillion market capitalization, Apple is now the world's most valuable company. Talk about a revolutionary product. Since the iPhone was announced, AAPL has risen more than 4,000%, turning every $10,000 investment into more than $400,000!
Important to note: Apple launched the iPhone in 2007, just a year before the U.S. economy plunged into its worst recession since 1930, and still, Apple stock rose more than 4,000%. Because revolutionary products grow right through recessions.
Now… what if I told you that Apple was about to do it all over again?
That is, what if I told you that Apple is about to launch another revolutionary new product over the next 12 months? Better yet, what if this new Apple product could be even more revolutionary than the iPhone? And, perhaps best yet, what if I told you that this new product was the last big idea from the great Steve Jobs himself?
Well, folks, all of that is 100% true.
Apple is about to launch a brand-new product over the next 12 months that will likely be more revolutionary than the iPhone, and it was an idea that Steve Jobs postulated as the next big breakthrough for Apple all the way back in 2008. Make no mistake. This new Apple product will change the world. It will generate enormous economic value. And it will create a rising tide for all stocks related to this product’s development wherein many of those stocks will soar thousands of percent.
The time to learn about this new Apple product – and discover the stocks to buy to play its huge breakout – is now. The iPhone Is Maxed Out Before we talk about this brand-new Apple product, we have to first understand why Apple is launching this product.
After all, aren’t things great at Apple already?
They are. But every great innovation has a shelf life, and Apple’s biggest innovation – the iPhone – is about to expire.
When Apple first unveiled the iPhone back in 2007, only business execs had smartphones. That gave Apple a long runway to scale its iPhone business. Today, however, everyone who wants a smartphone already has one. Smartphone penetration in the U.S. is 85%, and given how long the iPhone has been around, it is highly unlikely that the 15% of Americans who are smartphone holdouts miraculously and suddenly decide to buy a smartphone in the next few years.
The smartphone market is saturated. You can see this in Apple’s iPhone sales. The number of iPhones sold per year by Apple soared from 11.6 million in 2008 to 231.2 million in 2015. Since then, annual unit sales have plateaued between 200 million and 240 million units per year. The iPhone business simply isn’t growing anymore.
If Apple wants to keep growing – and remain the world’s most valuable company – they need to launch another revolutionary product to reaccelerate the company’s growth narrative.
They need another iPhone-like product.
They need a car. Introducing "Project Titan" In 2008 – just a year after the launch of the iPhone – Steve Jobs speculated in multiple meetings with senior Apple execs that the company’s next big breakthrough product after the iPhone would be an Apple Car. Nearly 15 years later, that vision is becoming a reality.
Dubbed “Project Titan” by insiders, Apple has been quietly developing an autonomous electric vehicle for years now.
The development has not been straight forward. Rumors first broke about an Apple Car back in 2015. Then, in a somewhat dramatic pivot in 2017, Apple decided to ditch making a full car in favor of just developing self-driving technology. In an equally dramatic pivot in 2019, Apple switched back to plans to make a full-scale Apple Car. And just last year, Digitimes reported that Apple is planning to mass produce its long-awaited and highly anticipated Apple Car in 2024.
So, what’s with this whole “car” thing? Why isn’t Apple just making a better iPhone? Why are they making an EV?
The answer has to do with technology adoption rates.
In terms of adoption rates, EV technology is today where smartphone technology was back when the iPhone launched. The iPhone launched in 2007. At the time, smartphone penetration rates in the U.S. were about 10%. Last year, EV penetration rates globally were about 10%. Apple knows from its success with the iPhone that the key to driving long-term growth through a revolutionary product is to launch that product right when adoption of that product’s technology is about 10%.
That’s exactly where we are today with EVs. Naturally, Apple is planning to soon launch its own EV. They know that if the Apple Car is a hit, they’ll be able to grow the Apple Car business by leaps and bounds for the next 10-plus years! Of course, the Apple Car will be a hit. This is Apple we’re talking about. Everything they do is a hit. The iPhone. The Mac. The iPad. The Apple Watch. Soon, we’ll be adding the Apple Car to that list – and it’ll be Apple’s biggest product yet, because the auto market is significantly larger than the smartphone, computer, tablet, and smartwatch markets put together!
To play this coming Apple Car megatrend, you could buy Apple stock. But let’s face it: With a $2 trillion market cap, Apple stock’s days of scoring investors 10X or greater returns is behind it.
That’s why we’ve identified a far better, far higher-upside way to play the biggest consumer product launch since the iPhone. Where the Big Bucks Are Made With Apple Products One thing you have to understand about Apple: When it comes to new product launches, they never go at it alone.
That is, Apple always wants to create the best product possible. In order to do that, they know they need help. They know they aren’t the experts at everything. So, Apple tends to partner with other companies to supply critical components to help them build the best products possible. Those Apple suppliers have historically been fantastic investments.
Just look at the stocks of all of the companies that have partnered with Apple on the iPhone, Mac, and Apple Watch over the years. Their stocks have exploded in value. We’re talking investments that can turn $10,000 into as much as $140,000! In other words, the best way to play a new Apple product launch isn’t to buy Apple stock – it is to buy Apple supplier stocks related to that product launch.
We’ve found the #1 under-the-radar Apple supplier stock for the Apple Car. |
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