Mysterious Apple Minivans Are Being Spotted in the Wild [VIDEO]

According to a report by AppleInsider, a number of sensor-laden minivans said to be owned by Apple have been spotted in the wild. One such vehicle has been captured on video as well in Palo Alto, California, by a MacRumors reader while driving past a residential side street located approximately 10 miles from Apple’s headquarters in Cupertino.

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While these Apple van sightings have surfaced at a time when back to back car-related rumours have hit the web, claiming that Apple may be developing a self-driving vehicle at a top-secret research lab located near the company’s headquarters, the source believes that it’s more likely that Apple is merely using them to improve its Maps service, given that the mysterious vehicles would require special permits if they were actually self-driving automobiles. 

Meanwhile, Gene Munster of Piper Jaffray has said in an investors note that taking just a 10% share of the total U.S. car market would represent a new $50 billion revenue opportunity for Apple. He also said that early feedback from investors on the prospect of a so-called “Apple Car” has been positive. 

If Apple could achieve just a “moderate success” of 10 percent in the U.S. car market, Munster said it could mean $50 billion in new revenue for the Cupertino, Calif., company. That would be a massive increase of 23 percent over his current estimates for fiscal year 2015.

He believes many on Wall Street continue to wonder what new product categories could “move the needle” for a company the size of Apple. “We believe the potential for a car gives investors something, along with the Watch and TV, to look at as the next big thing for Apple,” he wrote. “We believe this hope should be positive for the multiple on shares of AAPL and help support the stock over the next six months.”

Check out the following video of a mysterious Apple owned minivan in Palo Alto and tell us what you think:

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  • Al

    “…taking just a 10% share of the total U.S. car market…”

    A very clear indication that this guy is a complete moron. With something close to 40 different car brands from over a dozen different companies, to expect an automotive startup to capture “just 10%” of the market is not just crazily unrealistic, it’s an insanely stupid thing to say. Also, trying to guess at revenue, without knowing anything, is a clear sign of delusion.

  • Shameer Mulji

    smartphone makers said the same thing when the iPhone was introduced in 2007. This one is a classic;

    “PC guys are not going to just figure this out. They’re not going to just walk in.” Former Palm CEO Ed Colligan.

    Naysayers also said the same thing about the iPod and iPad. Apple has a habit of entering industries it has never been in and turning it on its head. I for one will give them the benefit of the doubt until they do f**k up.

  • Al

    Apples and oranges…
    Apple has always been in the computing industry.
    Automobiles is not their market.
    It’s an entirely different market from every aspect imaginable.
    Unlike computing devices, a car is considered a major, long term investment. This is not Apple’s type of market.
    You can’t just hire a few key people and suddenly start a car business. All this speculation is bizarre.

    But, assuming Apple did enter this market, this guy mentioning “just 10%” is… well, I’ve already stated what I thought. Just look at Tesla. They’ve been at it for well over 10 years and are about as niche market as you can get… and not by choice. They’re trying very hard and are doing a lot of things right. So to get that excited about Apple just waltzing in and dominating with at least 10%… That’s literally insane.

  • Chrome262

    For all they know, these are just cameras for the Map program, maybe they are getting in to getting their own data