'Apple Car' profits will quickly dwarf initial $3.6B Kia investment, analyst claims

Apple's entry in the car market could generate profits that 'dwarf the initial investment' of $3.6 billion, an analyst claims.Credit: KiaIn a note to investors seen by AppleInsider, JP Morgan analyst Samik Chatterjee offered some quick thoughts and analysis on recent rumors that Apple plans to invest in Kia to produce the 'Apple Car.' Read more...