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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Agree With MDN!
Estimates are that in 15 years there will be as many humanoid robots as humans, if not more!
There are only 2.35 billion active Apple devices in the world today. No way there will be 8+ billion exponentially more complex and expensive humanoid robots in 15 years or even 50 years.
Considering how successful apple was making a car and how much it wasted on it, and that moron cook turned down buying tesla at a relative bargain, it’s magic thinking that apple has the ability to make robots, much less robots with AI.
Tesla will have robots first and better than anyone else. By the time apple gets around to shipping something, tesla could eat apple up as round off error, but wont bother, because it wont be an interesting company. Cook has run apple into irrelevance.
Apple’s ONLY chance for relevancy is to hit it out of the park with glasses. That’s it. The entire company rests on it being able to do that. Otherwise, it will just continue to fade little by little every year. It’s a very long and slow boil of a frog.
Apple DESPERATELY needs a new and visionary CEO. Apple needs a master chef, but just has a lousy cook.
Apple spent the equivalent of 10 days of revenue, over a period of 10 years, to get a car from early business idea to almost production-ready.
They changed their minds when it looked like the economics didn’t work anymore.
Looking at Tesla’s dropping sales, it was a good decision. Western car makers are getting trounced around the world by Chinese makers. Cars are rapidly becoming a commodity hardware play.
Perhaps Apple will enter that space one day, when they can create a truly differentiated product. Perhaps it will be a platform play, not a hardware product, if or when that happens.
I’m glad Apple is taking risks like that. I’m glad they’re swinging for the fences. More of that, please. Apple Vision is another one. It will take years, but they are creating an important future of computing.
Did they miss out on the power of LLMs? Yes. A shame. But it’s so early yet. The leaders in that space haven’t figured out anything but how to burn down massive piles of cash. Apple will get here, and Apple occupies the perfect position — owns the perfect platforms — to really make something of the technology.
Apologize more. Losers like you enable Apple to keep being bozo losers. If Steve were around he would have fired over half of Apple by now and found talent that gets things done without your loser apologies.
Your argument fails almost as hard as Apple management does.