Apple's interest to release his own car will not go unnoticed by the market. According to analyst firm Morgan Stanley, the market value of the Californian giant can grow from the current $ 750 billion to $ 1 trillion over the next 12 months.
It should be noted that six months ago, analysts Wall Street Journal called Google first company capitalization may exceed $ 1 trillion. Moreover, they predicted that this mark will be able to take only 2020.
Morgan Stanley increased its forecast of what will be the price of Apple stock in 12 months, from 133 dollars to 160, and the upper limit - up to 190. The previous estimate known brokerage was made without taking into account information about Apple's plans for the release of the vehicle.
"We believe that Apple will be significantly represented in the automotive industry in the coming years" - said the Morgan Stanley.
Recall, Apple is credited with the intention to release electric car until 2020. Work on the project started Titan team led by Steve Zadetski, previously served as executive director of Ford. Under his command was very strong team of professionals.
Apple stock now worth about $ 130. Over the past year the share price rose more than 71%.