Loup Ventures co-founder Gene Munster has high expectations for Apple Inc. , none of which involve the booming ride-hailing business. Instead of operating its own fleet, the company is expected to penetrate the auto market through either manufacturer partnerships or software development. The former strategy, or the extreme of a complete acquisition, could bring to market an Apple-branded, Apple-designed vehicle. The latter, which Munster considers more likely, would allow Apple to license its technology as the operating system for existing manufacturers. Despite these widely discussed prospectives, Loup Ventures doesn't include “unclear” auto opportunities in its five-year valuation of Apple, published in a Tuesday note.Source