.png "back to home page")
Why would Apple build a car? Here's @kifleswing from December on that question: https://t.co/VG0VKlJtJ5
— Matt Rosoff (@MattRosoff) February 3, 2021
The Apple/Kia deal says $49,900 to me
— Phil Berne (@philipberne) February 4, 2021
More than most people can afford, but Apple will come up with creative financing arrangements
You'll pay the same as you would for a $35K lease but you'll be locked into the platform somehow
Apple enters spaces where no one else can or will do what they’re willing to. Sometimes that works. If they can make this one work, it has the potential to change everything. But it won’t be overnight. And they might see this as a “lead by example” situation. Not winner take all.
— Zac Cichy (@zcichy) February 4, 2021
Some points from a financial note, I thought were apt, on Apple Car potential. pic.twitter.com/8nnEN5cR09
— Ben Bajarin (@BenBajarin) February 3, 2021
Using their immense R&D to re-think transportation as we know it, but execute in steps that are incremental and realistic. They won’t enter this space without anything less than a vision to re-think the car at the level they re-thought the phone. Just my take.
— Zac Cichy (@zcichy) February 4, 2021
When Apple considers entering a new market, the current size of that market is irrelevant. Instead, Apple looks at how big that market may become given its entrance.
— Neil Cybart (@neilcybart) February 4, 2021
Tesla early cars were hand-made. Apple is a volume producer. Early watches were perfectly accessible by any middle class family.
— Horace Dediu (@asymco) February 3, 2021
I say apparently b/c there's nothing really new here and the quotes from sources are meaningless eg:
— Patrick McGee (@PatrickMcGee_) February 4, 2021
"“Chung has made it clear, mobility is the future of the company.” That’s important because the Apple Car will be fully autonomous."
Find me an OEM that *doesn't* say that. 2/2
They are well aware of the money currently being spent on cars and related fields. A very good argument can be made that Apple's entry into the space can lead to an even larger market, of which Apple will aim to get a non-small share (which is part of Apple's calculation).
— Neil Cybart (@neilcybart) February 4, 2021
When Apple was contemplating Apple Watch in the early 2010s, Wall Street said Apple was making a mistake because the watch market wasn't large enough. Apple saw the wrist's potential. Five years after launch, Apple Watch outsold the entire Swiss watch industry by 2.4x in 2020.
— Neil Cybart (@neilcybart) February 4, 2021
Apple is going to work so hard to erase any association with Kia from these cars. Like, you won’t believe how much Apple will never mention these three letters consecutively.
— Tero Kuittinen (@teroterotero) February 3, 2021
The average US car price in 2019 was ~$39,000, so a $100K car would be 2.5X the average. I bet the original Apple Watch cost at least 2.5x the average watch in 2015. Also, Tesla’s first car price was $200K.
— Ted Todorov (@tedtodorov) February 3, 2021
Still starting with a Ferrari seems very un-Apple like.
A few years ago carmakers were all scared of becoming mere suppliers to Big Tech - 'Foxconns of the car industry'. Now that it's apparently* happening, everyone is excited and Hyundai/Kia shares have surged. 1/2 https://t.co/KT0QrZGdjo
— Patrick McGee (@PatrickMcGee_) February 4, 2021
BREAKING: Apple is close to finalizing a deal with Hyundai-Kia to manufacture an Apple branded autonomous electric vehicle at the Kia assembly plant in West Point, Georgia - sources https://t.co/q5e7wpAUxf pic.twitter.com/bC9hBae3tK
— CNBC Now (@CNBCnow) February 3, 2021
Not sure I am ready to commit my life by being in a vehicle developed by the same company that develops and manages softwareupdate & APNS https://t.co/KV3ZuDO0Bk
— Jason Broccardo (@zoocoup) February 4, 2021
$AAPL | Apple And Hyundai-Kia Pushing Towards Deal On Apple Car - CNBC https://t.co/sNZJklX09J
— LiveSquawk (@LiveSquawk) February 3, 2021
Some thoughts on the Apple Car news, and @LEBEAUCARNEWS's great scoop. https://t.co/WvPzTm7Xuk
— Alex Kantrowitz (@Kantrowitz) February 4, 2021
Apple and Hyundai-Kia pushing toward deal on Apple Car https://t.co/vGT4CitMHa
— CNBC International (@CNBCi) February 4, 2021
In today's On Tech:
— Shira Ovide (@ShiraOvide) February 4, 2021
I wrote about Uber, DoorDash and others trying to become one-stop delivery companies for anything.
What happens if "Uber but for everything" doesn't work? Or, what happens if it does? https://t.co/s7HzDOT0Yg
Apple Car will initially be driverless, report says https://t.co/kF49hfZiST
— FutureShift (@futureshift) February 4, 2021
Apple jumps 3% after-hours as sources tell CNBC that the tech giant and Hyundai-Kia are nearing a deal to manufacture an Apple vehicle. https://t.co/q5e7wpAUxf pic.twitter.com/ue2vLI8dGf
— CNBC Now (@CNBCnow) February 3, 2021
Apple and Hyundai-Kia driving towards deal on Apple Car https://t.co/zVqzUCoimc
— CNBC (@CNBC) February 3, 2021
Apple and Hyundai-Kia pushing toward deal on Apple Carhttps://t.co/nAlAkLE2S9
— Manpreet (@Manpree31938145) February 4, 2021
この思惑に期待してる。
— 騰資家ちぇる (@keyphche) February 5, 2021
現代は日本進出目論んでるけど現代のネームじゃ厳しいと思う。日本はAppleのお得意様だしあり得る話だと思うhttps://t.co/wRe3d3vAvz
Appleとヒュンダイ-キア自動車は、Appleカーの組立委託契約締結に向け最終調整に入った。https://t.co/SearMpgAzq
— 全力米国株 (@komcdspxl) February 3, 2021
#Apple and #Hyundai - #Kia pushing toward deal on #AppleCar https://t.co/3gTI86C3oB#electricvehicles #SelfDrivingCars #AI #IoT #5G #AutonomousVehicles #selfdriving #autonomous #Robotics #driverless #driverlesscars #startups #startup #Robot #MachineLearning #BigData #SmartCity
— guidaautonoma (@guidaautonoma) February 4, 2021