Does anyone really think Apple is building a car? I don't and I never did. It makes no sense. It's not an industry one can just "switch into." The capital requirements for owning a car factory are ridiculous and it's not something you can outsource. There is zero crossover between consumer entertainment devices and the car business, as evidenced by the poor state of tech in cars! This is not something Apple can fix b…
That looks similar to the state of MP3 players before the iPod, or smartphones before the iPhone. I think a self-driving car with a car-width display and hifi stereo (or better) could be a huge success, even if the self-driving only works on highways, as with the latest Mercedes.
> It's not an industry one can just "switch into."
Reminds me of https://www.marketwatch.com/story/apple-should-pull-the-plug...:
“Now compare that effort and overlay the mobile handset business. This is not an emerging business. In fact it's gone so far that it's in the process of consolidation with probably two players dominating everything, Nokia Corp. NOK, -0.68% and Motorola Inc. MOT
During this phase of a market margins are incredibly thin so that the small fry cannot compete without losing a lot of money.
As for advertising and expensive marketing this is nothing like Apple has ever stepped into. It's a buzz saw waiting to chop up newbies
The problem here is that while Apple can play the fashion game as well as any company, there is no evidence that it can play it fast enough. These phones go in and out of style so fast that unless Apple has half a dozen variants in the pipeline, its phone, even if immediately successful, will be passé within 3 months.
There is no likelihood that Apple can be successful in a business this competitive.”
Of course, that doesn’t imply the car industry is similar or that Apple can find the magic that cracks open the market, but they may think making a side bet of a few billion (Apple’s problem is that their MVP is larger than what the CEOs of most startups can only dream of) to see whether they can is a good idea.