UPDATED 01:28 EDT / MARCH 25 2015

Steve Wozniak NEWS

Wozniak talks about Apple’s rumored electric car project and the Apple Watch

steve wozniak 2Apple Inc. co-founder Steve Wozniak thinks Apple should explore other high-volume markets, such as cars, and while he intends to buy an Apple Watch, it won’t be the high-end Edition, but rather the entry-level Sport.

In an interview, Wozniak, who recently became an Australian permanent resident, told The Australian Financial Review that he “was hoping recent rumors that Apple was getting into the automotive game would prove to be true.”

He said that for a company as large as Apple to grow in any significant way, it would have to explore other markets that could yield high-volume sales. He noted that the automotive industry would be one such potential market.

“I don’t know if Apple’s doing that, or if they’re just working on their CarPlay apps for the dashboard of your car, but it seems like they might be hiring a lot of people who could really build a vehicle,” Wozniak said.

In the last few months, rumors have surfaced that Apple intends to produce an electric car by 2020 and that the Cupertino-based company has assembled a team of hundreds of experts to work on the project.

“There are an awful lot of companies right now who are playing with electric cars and there’s a lot more playing with self-driving cars, this is the future and it might be huge … there are so many openings here and it is perfect territory for a company like Apple,” Wozniak continued.

Wozniak, who has so far been disappointed by smartwatches, recently said that he thinks Apple will sell millions of Apple Watches.

While he’s not sure if the Watch will justify having it on his wrist all the time, he does intend to buy one when the Apple Watch goes on sale on April 24. Wozniak will get the Apple Watch Sport though, rather than the more expensive Watch or the high-end Apple Watch Edition.

“If you buy the really high-priced ones, the jewelry ones, then you’re not buying a smartwatch that has a bunch of apps … Like a Rolex watch, you’re buying if for prestige and a label and a symbol of who you are,” he said.

Wozniak pointed out that, as an engineer, he simply doesn’t live in a world where the strap of his watch makes all that much difference to him as a person.

“I’m just not going to buy it for jewelry’s sake until I know it’s something I’m going to want around me and on me and use every single day continually as a permanent part of my life,” he said. “Then maybe I’d consider looking into getting the nicer jewelry version.”

photo credit: OnInnovation Interview: Steve Wozniak via photopin (license)

Since you’re here …

… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.

If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.