Bits, Bytes, and TERABYTES

I received a recent email at my company account that mentioned the following:

Software is everywhere. For example, a cell phone contains 2 million lines of code and a vehicle, 35 million.

The message shows that the real driver of systems growth in terms of processing power and memory is software; created by programming languages or development environments that do not concern themselves with efficiency, just functionality. I am not saying this is wrong, it is just a function of the times we live in; develop code, test, and deploy. The market demands functionality and memory is cheap so develop and deploy because we must respond and our goal is a quick "time to market".

What if we were to examine this code and remove superfluous statements; what would we save and how much faster would the application be? A point to ponder.