Major auto companies could stand in the way of the success of a driverless Apple car, despite bullishness from activist investor Carl Icahn, according to the CEO of a top analytics company.
Rumors of an autonomous car from Cupertino, CA-based Apple surfaced earlier this year.
In a letter to Apple CEO Tim Cook made public on Monday, Icahn was optimistic about the upcoming vehicle and said it would be enough to "move the needle" for the technology giant.
"We believe the rumors that Apple will introduce an Apple-branded car by 2020 and we believe it is no coincidence that many believe visibility on autonomous driving will gain material traction by then," Icahn wrote.
"It seems logical that Apple would view the car itself as a the ultimate mobile device to which it could bring its peerless track record of marrying superior industrial design with software and services." (Tweet this)