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AAPL Stock Sets New All-Time High Following Latest Apple Car Rumors
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The current car obsession is alienating me, on my commute to work I came across a wide street and the cars rushing by and I always wonder, how can anyone think that this is a good idea of mobility. But the people on the stock market are hyped about cars. They should really add "search for a parking spot" into TV shows and films more often.
Are we sure it's car rumors that are causing the surge? I find it hard to believe even Wall Street's that gullible...
It’s far easier for tech companies to “manipulate” their stock through buy backs, smart procurement and supply chain planning. Many aren’t really tech companies at all, in a sense, they’re futures exchanges - component prices generally decrease over a short time period, get the customer to pay up front before you’ve paid your supplier, “gamble” on the difference
Unless / Until Apple decides to create its own Auto Service Dept Network, it's NOT going after the consumer auto market !
And, it's NO accident the leak occurred when it did, right after Rivian pop'd !
"Blue Horseshoe loves Anacott Steel"
And, it's NO accident the leak occurred when it did, right after Rivian pop'd !
"Blue Horseshoe loves Anacott Steel"
The question says so much.
I could take you for a ride through my hometown. Or any small town in America. But I probably wouldn’t want to and besides, your response would be that those were all bad things anyway.
Considering the moderation tactics around here, that’s about all I can say to you.
Rivian at least produced & shipped more vehicles than Lucid - even if majority went to employees first, they’re still ahead of the game from Lucid.
Too many ppl are getting excited over rumours yet nothing even close to substantial to backup this claim.
More importantly who’s electrical charging grid away from home will Apple use?! THat will be a major part of ownership costs.
A car with no pedals or steering wheel?! To me that’s a death trap should anything go wrong! Some control should be there even if optional or roadway type optional.
I think the majority of people still love the freedom of self driving and will continue to do so. A completely autonomous car isn’t great outside of public transit. Movies like Timecop flirted the idea - Van Damme being driven home after a long long day/shift. It wasn’t glamorous or eventful as something to enjoy at all.
Think about it. You purchase a car that completely drives itself. What is the value in ownership here if you’re completely able ‘able bodied’ for your movement?!
IF, big IF, humongous IF Apple were to build such a car, I seriously doubt it would be for individuals, cause other than commute, would you go from say LA to San Francisco in it? Don’t think so…
Progress is being made on autonomous driving, but as long as “autonomous” cars crash into ambulances, need rescuers to go around construction sites …
Isn't this basically taking an Uber for every trip, without the driver?
I still don't think Apple is going to sell a car. Probably more an autonomous ride-sharing subscription model.
Yes just like Uber and Lyft both I use weekly a LOT more than I should so cutting down on that expense. That said I don’t own a car, yet and when I have my license I will own my car rather than per use per need rental.
Why?
I control the path taken and can quickly adjust when traffic occurs.
- I don’t have to argue or convince a rigid Uber driver to get the pint that when I’m paying for the ride I should (within safety for everyone on the road and in the car) be able to direct how I get there presuming I incur any price fluctuations of the trip.
I don’t have to subject friends or a GF to a freaking moronic driver that took an absolutely backwards route before getting tot he destination. Yeah this happened.
I don’t have to wait or worry about insane per weather or event random price fluctuations in travel cost that the iOS companies would LOVE to incur upon everybody.
Electric cars wouldn’t need to be subject to this as solar wind and backup batteries in your home would stave off any blackout or power grid over use.
I use ride-sharing a fair amount of the time, primarily because I don't own a car (it's freaking expensive to do so in my country), and to get me and my ailing mom around (more costly, but also more convenient than public transport).
I agree that it can never be as convenient as owning your own car, but there are perks. When you think about it, your car is mostly sitting in a parking lot, unused, for most of the day, while you are at work. You would use it for maybe 2-3 hours a day max? That feels like a pretty low ROI to me. In contrast, if more people were to use ride-sharing services, while giving up their cars in the process, won't that actually mean fewer cars on the road in total?
Second, I don't have to deal with the hassles of owning a car, like cleaning, maintenance, finding a parking lot etc. In a sense, it's kinda like ordering food delivery so I don't have to deal with cooking and washing up. Think of how much space is being used up for carparks just because people are not using them. Ride-sharing would mean that these cars are continuously on the road (barring time for cleaning and servicing), which should mean less space needed for parking, which in turn means more space for other amenities.
But I say all this even as my colleague is the one who gives me a lift home every day after work. ?
Supposedly Tesla's FSD when properly working and out of Beta would turn your car into a very high ROI when it's parked, becoming a hailing Uber type services - automated or rental directly paid to you (possibly a small service fee to Tesla). Cars already have their own camera's and sentry modes with limitations of top speed or motorways to limit non primary drivers. I'll bet that will work much better than an Apple Car.
Still for your use case ride sharing makes a LOT of sense, as it does for me currently. I just use it too often for laziness on my part and that stops now. I would've had $700 invested in Apple this month alone.
"Don't believe everything you read", and yet we're supposed to believe you? I just love these sorts of prophetic posts.
Truth is, anyone (including yourself) who claims to know what's going to be in 2025 is full of it. They could succeed if they do it right, or they could fail. Entirely up to them. We'll have to wait and see.
So it's gone up 20% in a month. I continue to be happy I've never sold any. $179.45 close. All time high on a Friday always makes me happy.