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If Apple's car business gets as big as Porsche's, guess how much more money Apple will make
Business Insider ^
| Feb. 16, 2015, 9:49 PM
| Henry Blodget
Posted on 02/17/2015 7:05:29 AM PST by Lockbox
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Makes you think about going from a high profit to a low profit business.
1
posted on
02/17/2015 7:05:29 AM PST
by
Lockbox
To: shove_it; mrsmith; Swordmaker; nascarnation; Star Traveler; LogicDesigner; Thermalseeker
Interesting article about Apple’s car business outlook.
2
posted on
02/17/2015 7:06:31 AM PST
by
Lockbox
To: Lockbox
I haven’t seen one Apple person that was excited about this contrary to the article.
And, if Apple were to get into the auto business, which aspect of the business? Making the computer software?
Why would they assume that Apple would want to retail automobiles.
Seems like a real stretch.
3
posted on
02/17/2015 7:08:51 AM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: Lockbox
I would drive an Apple. Drove plenty of Lemons, so time for a change.
4
posted on
02/17/2015 7:12:43 AM PST
by
Responsibility2nd
(See Ya On The Road; Al Baby's Mom!)
To: BunnySlippers
Did you also read the article posted a few days ago on this topic? Lots of back and forth over what was Apple up to.
http://www.freerepublic.com/focus/f-news/3257436/posts
5
posted on
02/17/2015 7:13:18 AM PST
by
Lockbox
To: BunnySlippers
"Why would they assume that Apple would want to retail automobiles."
I think Apple sees the driverless car as the wave of the future and they want to get in on the ground floor. With their electronic, computer and GPS expertise and foundation they probably believe they are particularly situated to take advantage of this.
To: Lockbox
Yeah, I did and am reading it.
7
posted on
02/17/2015 7:15:48 AM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: Responsibility2nd
Will they only come in White?
8
posted on
02/17/2015 7:18:13 AM PST
by
Lockbox
To: Lockbox
Hard to make a high end, world recognized quality level car,,,, with defacto slaves in factories that hang anti-suicide nets on the windows.
But that’s apple,,,,
9
posted on
02/17/2015 7:21:38 AM PST
by
DesertRhino
(I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
To: circlecity
I think Apple sees the driverless car as the wave of the future and they want to get in on the ground floor. With their electronic, computer and GPS expertise and foundation they probably believe they are particularly situated to take advantage of this.
Oh, that's hilarious. One of the (many) reasons I bought an android smart phone over an i-phone was the GPS. Apple maps and GPS sucked so bad, Apple eventually quit them and defaulted back to Google Maps.
10
posted on
02/17/2015 7:22:12 AM PST
by
Responsibility2nd
(See Ya On The Road; Al Baby's Mom!)
To: circlecity
The author of the article is sure they want to sell luxury automobiles and retail them.
Yes, it’s a leap.
11
posted on
02/17/2015 7:23:24 AM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: DesertRhino
These are not “self driving” cars. They are dependent on using google or apple internet services.
Apple cars will on drive on roads built by apple with maps only from their iTunes store.
12
posted on
02/17/2015 7:24:16 AM PST
by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: Responsibility2nd
I own Apple stock but agree totally on your statement. My phone is android.
13
posted on
02/17/2015 7:27:35 AM PST
by
Williams
To: Lockbox
Four year old iMove concept car ...
14
posted on
02/17/2015 7:29:09 AM PST
by
shove_it
(The bigger the government, the smaller the citizen -- Dennis Prager)
To: shove_it
To: Lockbox
And remember, Porsche’s profit margin is a lot higher than most auto makers. Breaking into a new market is not going to be profitable for many years without government subsidies of some kind (which may be what they’re after).
16
posted on
02/17/2015 7:31:33 AM PST
by
jjotto
("Ya could look it up!")
To: Lockbox
17
posted on
02/17/2015 7:33:36 AM PST
by
shove_it
(The bigger the government, the smaller the citizen -- Dennis Prager)
To: Lockbox
Makes you think about going from a high profit to a low profit business. Realize too that Apple could slap it's logo on a 1970's Pinto and probably break even just based upon sales to the Podpeople.
18
posted on
02/17/2015 7:36:30 AM PST
by
The_Victor
(If all I want is a warm feeling, I should just wet my pants.)
To: Lockbox
A dealer oil change in a 911 runs $200 or more. Parts like engine seals run $1,000 installed.
If Apple can get prices like Porsche, they’ll make a pot of money.
To: Lockbox
I seriously doubt that Apple will get into the business of manufacturing cars. More likely, they will pair with existing manufacturers to wrap their software into certain product lines. Most likely models on the high end to start.
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