Archive

Investor: Apple to Enter Car, TV Biz

KA-CHING!

And will “dominate.”

cheats/2015/05/18/investor-apple-to-enter-car-tv-biz/150518-apple-cheat_j4v3lf
Chance Chan / Reuters

Billionaire investor Carl Icahn says he expects Apple to enter the television business next year and the car market by 2020, adding that company will likely “dominate” in these arenas. Icahn also suggested that Apple shares may be worth as much as double their price—putting the company’s market value at $1.5 trillion.

Read it at CNBC

Got a tip? Send it to The Daily Beast here.