Why are they making a car? Just why?
I get they ship Lithium batteries in their computers but do they really have the urge to shove them into a car?
I mean look CarPlay has to be literally one of the worst things ever, and why would they shift focus on such a huge project when their fundamentals such as the phones and computers are so extremely lacklustre currently? There's a reason why there is so much heat in the forums recently because both the software and hardware aren't living up to the legacy, I mean everything they've been releasing recently feels unfinished.
Another thing to point out is that they dropped the concept of creating their own TV set in favour of providing the software for all other TVs (Apple TV), and I believe they should do the same with this car thing and stick to providing great software for cars out there.
I'm sure they'll make something great, but I'm sure it'll be the next Apple Watch and not the next iPhone...
They really need to shift their priorities.
You have to skate to where the puck will be.
Apple is in a lot of matured or starting to mature markets. In order to continue the long term business growth they will have to diversify into new or growing markets again. Technology is going to dominate the car market in the future, so it makes sense to go there.
Remember 2006, when rumours of an Apple phone were flying around. The majority of the news press said that Apple would never make a phone. They said it was a market that Apple didn't understand and couldn't possibly hope to compete in with no experience. Well 2007 happened and Apple released a product that has been the principle driver of it's growth since that point.
With that in mind, if I was an Apple share holder, I wouldn't begrudge them sinking R&D money into a car at all. It shows that the management are thinking about the next 20 years not just the next 2.