The Apple Car Is Back in the News. It’s Still a Stretch._老虎社区_美港股上老虎

The Apple Car Is Back in the News. It’s Still a Stretch.

Barrons2021-11-19

A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing ...

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Elon2
·2021-11-19
Apple 🚀
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Cara0412
·2021-11-19
说了半天只有一个芯片
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Winyss10
·2021-11-19
latest
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- SilverSoul:
  Support APPLE!
  2021-11-19
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Choonhowe
·2021-11-19
Wow
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- Heidit:
  Ok
  2021-11-19
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- Choonhowe:
  LIke
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A battery-powered, autonomous iCar would mean new competition for existing ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST\">网页链接</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Apple Car Is Back in the News. 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It’s Still a Stretch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 15:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST","article_id":"1186458009","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186458009","pubTimestamp":1637308546,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, se","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果的车又上新闻了。还是绵延不绝。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.\nIt all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.\nWell, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla (TSLA) dropped about 2%.Ford Motor (F) dropped 3%.General Motors (GM) shed roughly 2%. The S&P 500 and Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.\n“We continue to believe it’s a matter of when, not if, Apple enters the EV race and this will add another $30+ per share of TAM to the Apple growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.\nTAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.\nDetails are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.\nThen there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.\nFully autonomous consumer cars, however, won’t be ready for years.\nWaymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and Aptiv (APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.\nBut if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.\nThat makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.\nGary Black, managing partner of the Future Fund Active ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells Barron’s. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.\nTime will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":876232417,"gmtCreate":1637316294495,"gmtModify":1637316952363,"author":{"id":"3586922733730917","authorId":"3586922733730917","name":"Elon2","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586922733730917","authorIdStr":"3586922733730917"},"htmlText":"Apple 🚀","listText":"Apple 🚀","text":"Apple 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876232417","repostId":1186458009,"repostType":4,"repost":{"id":"1186458009","kind":"news","pubTimestamp":1637308546,"share":"https://www.laohu8.com/m/news/1186458009?lang=&edition=full","pubTime":"2021-11-19 15:55","market":"us","language":"en","title":"The Apple Car Is Back in the News. It’s Still a Stretch.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186458009","media":"Barrons","summary":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, se","content":"<p>A kerfuffle erupted Thursday when Bloomberg reported&nbsp;Apple&nbsp;is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.</p>\n<p>It all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.</p>\n<p>Well, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla&nbsp;(TSLA) dropped about 2%.Ford Motor&nbsp;(F) dropped 3%.General Motors&nbsp;(GM) shed roughly 2%. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.</p>\n<p>“We continue to believe it’s a matter of when, not if,&nbsp;Apple&nbsp;enters the EV race and this will add another $30+ per share of TAM to the&nbsp;Apple&nbsp;growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.</p>\n<p>TAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.</p>\n<p>Details are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.</p>\n<p>Then there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.</p>\n<p>Fully autonomous consumer cars, however, won’t be ready for years.</p>\n<p>Waymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and&nbsp;Aptiv&nbsp;(APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.</p>\n<p>But if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.</p>\n<p>That makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.</p>\n<p>Gary Black, managing partner of the&nbsp;Future Fund Active&nbsp;ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells <i>Barron’s</i>. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.</p>\n<p>Time will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Apple Car Is Back in the News. It’s Still a Stretch.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Apple Car Is Back in the News. It’s Still a Stretch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 15:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186458009","content_text":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.\nIt all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.\nWell, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla (TSLA) dropped about 2%.Ford Motor (F) dropped 3%.General Motors (GM) shed roughly 2%. The S&P 500 and Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.\n“We continue to believe it’s a matter of when, not if, Apple enters the EV race and this will add another $30+ per share of TAM to the Apple growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.\nTAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.\nDetails are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.\nThen there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.\nFully autonomous consumer cars, however, won’t be ready for years.\nWaymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and Aptiv (APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.\nBut if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.\nThat makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.\nGary Black, managing partner of the Future Fund Active ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells Barron’s. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.\nTime will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":876649778,"gmtCreate":1637311068898,"gmtModify":1637311068898,"author":{"id":"4099746507900030","authorId":"4099746507900030","name":"Cara0412","avatar":"https://static.tigerbbs.com/795c4f88d816395f55a2f7407e5acddd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4099746507900030","authorIdStr":"4099746507900030"},"htmlText":"说了半天 只有一个芯片","listText":"说了半天 只有一个芯片","text":"说了半天 只有一个芯片","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876649778","repostId":1186458009,"repostType":2,"repost":{"id":"1186458009","kind":"news","pubTimestamp":1637308546,"share":"https://www.laohu8.com/m/news/1186458009?lang=&edition=full","pubTime":"2021-11-19 15:55","market":"us","language":"en","title":"The Apple Car Is Back in the News. It’s Still a Stretch.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186458009","media":"Barrons","summary":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, se","content":"<p>A kerfuffle erupted Thursday when Bloomberg reported&nbsp;Apple&nbsp;is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.</p>\n<p>It all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.</p>\n<p>Well, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla&nbsp;(TSLA) dropped about 2%.Ford Motor&nbsp;(F) dropped 3%.General Motors&nbsp;(GM) shed roughly 2%. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.</p>\n<p>“We continue to believe it’s a matter of when, not if,&nbsp;Apple&nbsp;enters the EV race and this will add another $30+ per share of TAM to the&nbsp;Apple&nbsp;growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.</p>\n<p>TAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.</p>\n<p>Details are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.</p>\n<p>Then there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.</p>\n<p>Fully autonomous consumer cars, however, won’t be ready for years.</p>\n<p>Waymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and&nbsp;Aptiv&nbsp;(APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.</p>\n<p>But if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.</p>\n<p>That makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.</p>\n<p>Gary Black, managing partner of the&nbsp;Future Fund Active&nbsp;ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells <i>Barron’s</i>. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.</p>\n<p>Time will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Apple Car Is Back in the News. It’s Still a Stretch.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Apple Car Is Back in the News. It’s Still a Stretch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 15:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186458009","content_text":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.\nIt all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.\nWell, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla (TSLA) dropped about 2%.Ford Motor (F) dropped 3%.General Motors (GM) shed roughly 2%. The S&P 500 and Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.\n“We continue to believe it’s a matter of when, not if, Apple enters the EV race and this will add another $30+ per share of TAM to the Apple growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.\nTAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.\nDetails are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.\nThen there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.\nFully autonomous consumer cars, however, won’t be ready for years.\nWaymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and Aptiv (APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.\nBut if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.\nThat makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.\nGary Black, managing partner of the Future Fund Active ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells Barron’s. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.\nTime will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":876657311,"gmtCreate":1637310374933,"gmtModify":1637310375030,"author":{"id":"3576987369058453","authorId":"3576987369058453","name":"Winyss10","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576987369058453","authorIdStr":"3576987369058453"},"htmlText":"latest","listText":"latest","text":"latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876657311","repostId":1186458009,"repostType":4,"repost":{"id":"1186458009","kind":"news","pubTimestamp":1637308546,"share":"https://www.laohu8.com/m/news/1186458009?lang=&edition=full","pubTime":"2021-11-19 15:55","market":"us","language":"en","title":"The Apple Car Is Back in the News. It’s Still a Stretch.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186458009","media":"Barrons","summary":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, se","content":"<p>A kerfuffle erupted Thursday when Bloomberg reported&nbsp;Apple&nbsp;is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.</p>\n<p>It all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.</p>\n<p>Well, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla&nbsp;(TSLA) dropped about 2%.Ford Motor&nbsp;(F) dropped 3%.General Motors&nbsp;(GM) shed roughly 2%. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.</p>\n<p>“We continue to believe it’s a matter of when, not if,&nbsp;Apple&nbsp;enters the EV race and this will add another $30+ per share of TAM to the&nbsp;Apple&nbsp;growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.</p>\n<p>TAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.</p>\n<p>Details are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.</p>\n<p>Then there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.</p>\n<p>Fully autonomous consumer cars, however, won’t be ready for years.</p>\n<p>Waymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and&nbsp;Aptiv&nbsp;(APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.</p>\n<p>But if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.</p>\n<p>That makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.</p>\n<p>Gary Black, managing partner of the&nbsp;Future Fund Active&nbsp;ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells <i>Barron’s</i>. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.</p>\n<p>Time will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Apple Car Is Back in the News. It’s Still a Stretch.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Apple Car Is Back in the News. It’s Still a Stretch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 15:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186458009","content_text":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.\nIt all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.\nWell, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla (TSLA) dropped about 2%.Ford Motor (F) dropped 3%.General Motors (GM) shed roughly 2%. The S&P 500 and Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.\n“We continue to believe it’s a matter of when, not if, Apple enters the EV race and this will add another $30+ per share of TAM to the Apple growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.\nTAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.\nDetails are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.\nThen there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.\nFully autonomous consumer cars, however, won’t be ready for years.\nWaymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and Aptiv (APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.\nBut if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.\nThat makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.\nGary Black, managing partner of the Future Fund Active ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells Barron’s. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.\nTime will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6641883,"gmtCreate":1637312970212,"gmtModify":1637312970243,"authorId":3563403277012456,"author":{"id":3563403277012456,"idStr":"3563403277012456","authorId":3563403277012456,"name":"SilverSoul","avatar":"https://static.tigerbbs.com/692e9e2f198854f2b357459085e07d4f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":876657311,"type":1,"supId":0,"prevId":0,"content":"Support APPLE!","text":"Support APPLE!","html":"Support APPLE!"}],"langContent":"CN"},{"id":876658504,"gmtCreate":1637309200369,"gmtModify":1637309200486,"author":{"id":"3581585065847040","authorId":"3581585065847040","name":"Choonhowe","avatar":"https://static.tigerbbs.com/e205c06eb09cb6cd66cc8713af71f27f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581585065847040","authorIdStr":"3581585065847040"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/876658504","repostId":1186458009,"repostType":4,"repost":{"id":"1186458009","kind":"news","pubTimestamp":1637308546,"share":"https://www.laohu8.com/m/news/1186458009?lang=&edition=full","pubTime":"2021-11-19 15:55","market":"us","language":"en","title":"The Apple Car Is Back in the News. It’s Still a Stretch.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186458009","media":"Barrons","summary":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, se","content":"<p>A kerfuffle erupted Thursday when Bloomberg reported&nbsp;Apple&nbsp;is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.</p>\n<p>It all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.</p>\n<p>Well, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla&nbsp;(TSLA) dropped about 2%.Ford Motor&nbsp;(F) dropped 3%.General Motors&nbsp;(GM) shed roughly 2%. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.</p>\n<p>“We continue to believe it’s a matter of when, not if,&nbsp;Apple&nbsp;enters the EV race and this will add another $30+ per share of TAM to the&nbsp;Apple&nbsp;growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.</p>\n<p>TAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.</p>\n<p>Details are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.</p>\n<p>Then there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.</p>\n<p>Fully autonomous consumer cars, however, won’t be ready for years.</p>\n<p>Waymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and&nbsp;Aptiv&nbsp;(APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.</p>\n<p>But if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.</p>\n<p>That makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.</p>\n<p>Gary Black, managing partner of the&nbsp;Future Fund Active&nbsp;ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells <i>Barron’s</i>. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.</p>\n<p>Time will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Apple Car Is Back in the News. It’s Still a Stretch.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Apple Car Is Back in the News. It’s Still a Stretch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 15:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/the-apple-car-is-back-in-the-news-its-still-a-stretch-51637274185?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186458009","content_text":"A kerfuffle erupted Thursday when Bloomberg reported Apple is accelerating plans for an electric, self-driving car. A battery-powered, autonomous iCar would mean new competition for existing automotive players.\nIt all sounds like a tempest in a teapot. Apple isn’t commenting, and no one know whether Apple would actually make its own car from the ground up or join with an existing car maker. Or when this car might actually hit the market.\nWell, a tempest in a big teapot. After the Bloomberg story hit, shortly after noon, Apple (ticker: AAPL) stock jumped about 2%.Tesla (TSLA) dropped about 2%.Ford Motor (F) dropped 3%.General Motors (GM) shed roughly 2%. The S&P 500 and Dow Jones Industrial Average were relatively stable up about 0.4% and down about 0.2%, respectively.\n“We continue to believe it’s a matter of when, not if, Apple enters the EV race and this will add another $30+ per share of TAM to the Apple growth story over the next few years,” wrote Wedbush analyst Dan Ives in a Thursday note reacting to the story.\nTAM is short for total addressable market. And $30 per Apple share is $500 billion. That’s a lot, even if Apple only got a fraction of this market.\nDetails are thin. Ives, for instance, sees partnerships as most likely where Apple doesn’t build the car itself. And he puts a 60% to 65% change of seeing an Apple car unveiled by 2025.\nThen there is the issue of full self driving. That supposedly would be Apple’s edge when entering the market.\nFully autonomous consumer cars, however, won’t be ready for years.\nWaymo and GM’s Cruise division along with Motional—a joint venture between Hyundai and Aptiv (APTV)–sell a fully self-driving taxi. But the technology used by that trio costs tens of thousands of dollars per car. It only works in commercial vehicles like a taxi.\nBut if Apple is sitting on hidden fully autonomous technology and it doesn’t want to manufacture cars itself, it would be, essentially, a large Aptiv. Aptiv sells safety and power solutions to the auto industry.\nThat makes Apple sounds more like a supplier and less like an auto maker. That isn’t a bad thing. It’s just different from what the stock market assumed on Thursday. If Apple has the hidden tech it could even sell subscriptions to the technology and split the sales with auto maker partners.\nGary Black, managing partner of the Future Fund Active ETF (FFND), is skeptical about an Apple car. “The idea is utter nonsense—there is no edge,” he tells Barron’s. “Brands don’t extend into categories where there is no clear distinctive competence.” He is a Tesla bull, but added that the idea of a Tesla phone is just as silly as an Apple car.\nTime will tell if Black is right. Meanwhile, Project Titan—Apple’s name for the car project that stretches back to 2014—will continue to tantalize investors and upset auto stocks from time to time.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6641545,"gmtCreate":1637310007491,"gmtModify":1637310007518,"authorId":3585567341976837,"author":{"id":3585567341976837,"idStr":"3585567341976837","authorId":3585567341976837,"name":"Heidit","avatar":"https://static.tigerbbs.com/b15a14bcb1e7c71684448d84f3e500e7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":876658504,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "},{"id":6641481,"gmtCreate":1637309228498,"gmtModify":1637309228525,"authorId":3581585065847040,"author":{"id":3581585065847040,"idStr":"3581585065847040","authorId":3581585065847040,"name":"Choonhowe","avatar":"https://static.tigerbbs.com/e205c06eb09cb6cd66cc8713af71f27f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":876658504,"type":1,"supId":0,"prevId":0,"content":"LIke","text":"LIke","html":"LIke"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":30,"commentSize":4,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}