Apple is renowned for its iconic Mac, iPhone, and iPad. But what’s next? Morgan Stanley predicts humanoid robotics.
In a new research note, the investment bank estimates that Apple’s early-stage robotics efforts could ultimately generate more than $133 billion annually.
Daniel Howley for Yahoo Finance:
“Leveraging Apple’s market share across a number of leading consumer products today, as well as considering the opportunity to monetize both products and services, we conservatively estimate Apple’s Robotics revenue can reach $130 billion by 2040 in our ‘median case,’ which assumes 9% market share …15 years from now,” the analysts, including Apple watcher Erik Woodring, wrote in the report.
Humanoid robots have long been the work of science fiction. But tech companies are increasingly putting the concept forward as a viable commercial product thanks to advancements in generative AI and smaller, more powerful computers.
Foxconn says it plans to deploy humanoid robots at its Nvidia AI server plant in Houston, based on Nvidia’s own robotics technologies. Nvidia CEO Jensen Huang, a major proponent of humanoid robotics, which the company refers to as physical AI, says robots represent a multi-trillion-dollar opportunity.
Elon Musk’s Tesla is also working on its own Optimus line of humanoid robots…
https://x.com/elonmusk/status/1962618811141812475
MacDailyNews Take: $133 billion by 2040 might be laughably low. Bring ’em on!
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