Apple

Apple Car could double company’s revenue and market value, says Morgan Stanley

By Michael J. Moody 2 weeks ago

By Emily Bary

Talk of an Apple Car is ‘catalyzing a shift in investor narrative back toward the attractiveness of the platform,’ analyst says

A hypothetical Apple Inc.-designed car may be years away, but it could already be helping the company’s stock, in the view of one analyst.

“We see the prospects of Apple Car–representing the clearest path to doubling Apple’s revenue and market cap–catalyzing a shift in investor narrative back toward the attractiveness of the platform (1 billion loyal customers) and long-term sustainable growth,” wrote Morgan Stanley’s Katy Huberty in a Friday note to clients.

Simply put, “investors should pay attention to Apple Car,” Huberty wrote.

Her comments come after a Bloomberg News article Thursday highlighted a series of developments around the consumer electronics company’s plans for an electric vehicle. Apple reportedly has sped up its launch targets as it now aims to introduce a car in four years.

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Apple Car: Here’s what we know so far

By Michael J. Moody 1 month ago

Edgar Cervantes / Android Authority

Few things are confirmed about the legendary Apple Car beyond it being some sort of large-scale automotive project. As usual, the iPhone maker is being as secretive as possible — yet there have been far too many reported hires, deals, and other developments for its auto work to be purely experimental. Here’s what you need to know to get up to speed with the Apple Car.

Also read: Green Authority — The best electric motorcycles you can get

What is the Apple Car?

Apple Car Mockup interior

Edgar Cervantes / Android Authority

At its core, we know Apple Car involves some form of EV (electric vehicle). All the rumors have pointed in that direction, and gas wouldn’t make sense for a company that rides on green credentials. By the time any product hits the streets, gas will probably be seen as backwards — especially in Apple’s home

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Apple to develop its EV independently, axing plans for collaboration

By Michael J. Moody 3 months ago

Apple’s heavily rumored electric car will be developed independently, according to sources in Korea. Apple was in talks with several large automakers as the project became more real this year, but it seems the tech giant is more interested in developing its first EV on its own.

New reports from Korea’s Maeil Economic Daily indicate that Apple is establishing its own “automobile research institute” and has been pushing for the development of its vehicle on its own. Previously, Apple had been in talks with large carmakers like Toyota, BMW, Hyundai, Kia, and Nissan, all companies with a long line of automotive expertise that would assist Apple in manufacturing, research, and development. Apple favored a partnership previously, but now things seem to be delayed due to production bottlenecks across the board, which has Apple in a difficult situation.

As a result, Apple wants to get the project rolling, and it

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Hyatt Plans To Buy Apple Leisure Group From Kkr And Ksl Capital For $ 2 7 Billion

By Michael J. Moody 4 months ago

For more details data on our use of cookies and our information privateness protections, please see our Cookie Policy and our Privacy Notice. Travel + Leisure editors researched lots of of latest properties throughout the globe final yr and despatched editors and contributors to visit the highest selections. Travel & Leisure journal named 5 Massachusetts hotels among the many best on the planet Tuesday as part of its It List 2021. Any cookies that may not be significantly essential for the internet site to perform and is used specifically to collect consumer personal knowledge via analytics, adverts, other embedded contents are termed as non-necessary cookies. It is mandatory to acquire user consent previous to operating these cookies in your website. Great magazine—all the most recent stuff about some actually cool places to visit, and local eating places.

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