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Apple Had A Hush-Hush Relationship With Tesla's Chinese-Rival BYD For Now-Abandoned Car Plans — Cupertino Poured Nearly $1B Each Year For A Decade Into The Project
Wednesday, October 16, 2024 - 10:35pm | 518Apple Inc. (NASDAQ:AAPL) reportedly had a secret partnership with Chinese electric vehicle manufacturer BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) to create long-range electric vehicle batteries. What Happened: The partnership started in 2017 and aimed to develop a battery system using lithium iron...
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Apple's Earnings Beat, AI Excitement, App Store Crackdown, And More: This Week In Appleverse
Sunday, August 4, 2024 - 9:26am | 523The past week was a whirlwind for Apple Inc. (NASDAQ:AAPL), with a mix of highs and lows. From exceeding Q3 earnings expectations to a slight dip in China’s revenue, the tech giant made headlines. Let’s delve into the key stories that shaped Apple’s week. Apple’s Q3 Earnings...
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Tesla Bull Slams Tim Cook On Apple Sports App: 'How Many Apple Cars Type Mistakes Can You Make'
Wednesday, March 20, 2024 - 4:52am | 723Tesla Inc. investor Ross Gerber slammed Apple Inc. (NASDAQ:AAPL) for its barebones Sports app, stating that people "don't want" it. What Happened: Gerber publicly criticized Apple for its recently launched Sports app in a post directed at CEO Tim Cook. Gerber suggested that the app was a mistake...
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Apple's Abandoned EV Project Almost Used Siri As The Steering Wheel, Began After Reported Deal With Tesla Fell Through
Thursday, February 29, 2024 - 1:43pm | 795Apple Inc (NASDAQ:AAPL) almost used Siri for its now-abandoned electric vehicle (EV) project. The Cupertino, California-based tech giant also once considered a deal with Tesla Inc (NASDAQ:TSLA). That’s according to a New York Times story highlighting the hardships the Apple EV team went...
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'Yeah:' Elon Musk Agrees With Tesla Bull's Theory About Apple Canceling Electric Car Project Due To Lack Of 'Monumental Dataset' (UPDATED)
Thursday, February 29, 2024 - 4:06am | 647Editor’s note: This article’s headline and body were updated to reflect Tesla CEO Elon Musk’s and Vice President of Investor Relations Martin Viecha’s reactions to the analyst’s comments. Morgan Stanley analyst and Tesla bull Adam Jonas ...
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Gene Munster Suggests Apple Acquire Rivian Following Surprising Cancellation Of Apple Car Project
Wednesday, February 28, 2024 - 10:09am | 642Deepwater Asset Management's Gene Munster thinks Apple Inc. (NASDAQ:AAPL) should consider acquiring Rivian Automotive (NASDAQ:RIVN) to fill the gap left by the recently canceled Apple Car project. What Happened: Munster expressed surprise at Apple’s decision to cancel the Apple Car project....
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Tesla CEO Elon Musk Reflects On Hardships After Apple Calls It Quits: 'The Natural State Of A Car Company Is Dead'
Tuesday, February 27, 2024 - 11:19pm | 639Tesla Inc CEO Elon Musk, on Tuesday, reflected on the natural state of the car company after media reports that tech giant Apple Inc has pumped the brakes on its electric car project after about a decade. What Happened: “The natural state of a car company is dead,” Musk said, reflecting...
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Gary Black Says Apple Should Buy Rivian To Catch Up With Chinese Smartphone Rivals Making Cars
Saturday, December 30, 2023 - 12:39am | 628Future Fund Managing Partner Gary Black on Friday opined that tech giant Apple Inc (NASDAQ:AAPL) must try to buy California-based EV startup Rivian Automotive Inc (NASDAQ:RIVN) given that Chinese smartphone makers are overtaking it in producing cars. What Happened: “AAPL should try to buy $...
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Apple's Car Launch To AI Race And In-House Batteries: Weekend Tech Roundup
Sunday, November 12, 2023 - 12:00pm | 693It seems like Apple Inc. (NASDAQ:AAPL) was the star of the tech world over the week, with numerous developments and reports emerging about the Cupertino-based giant. From leading the race in artificial intelligence (AI) to potentially developing in-house batteries for future iPhones, Apple is...
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Apple Car Is Still 'Ways Out,' Says Mark Gurman — Cupertino Won't Ship Anything 'Until Later In The Decade'
Monday, November 6, 2023 - 3:32am | 558The launch of Apple Inc.’s (NASDAQ:AAPL) self-driving car may not happen until later in the decade, says Bloomberg’s Mark Gurman in his latest installment of the weekly “Power On” newsletter. What Happened: Just over a month after popular tech...
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'Lost All Visibility' On The Apple Car Project: It Isn't Coming Anytime Soon, Says Analyst
Thursday, September 28, 2023 - 3:40am | 671If you have been waiting for the Apple Car, you may want to rethink your options. Apple analyst Ming-Chi Kuo has now said that he has "lost all visibility" on the Apple Car project. What Happened: Apple Inc. (NASDAQ:AAPL) could be losing the plot for its car project – while the Apple Car saga has...
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Apple Car Can Single-Handedly Solve Growth Challenges And Make Up For 25% Of Tech Giant's Business, Says Munster
Thursday, December 8, 2022 - 8:10am | 541The launch of the Apple Inc.’s (NASDAQ: AAPL) self-driving car could be delayed yet again, according to a Bloomberg report on Tuesday. What Happened: Loup Funds’ co-founder Gene Munster offered his take on the report and the likelihood of Apple rolling out an electric vehicle off...
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Who Could Replace Tim Cook As Apple CEO Once He Retires?
Wednesday, December 7, 2022 - 8:15pm | 572Apple Inc (NASDAQ: AAPL) CEO Tim Cook is “all but assured” to lead the iPhone maker until 2025, but long-time expert Mark Gurman said he is likely to make his exit soon after a key product category is introduced. What Happened: Gurman explored Apple’s succession plans in a...
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Apple May Build 'New' Car Project Team By End-2022, Says Analyst: What It Means For Cupertino's Self-Driving EV Plans
Thursday, September 29, 2022 - 5:50am | 566Apple Inc.'s (NASDAQ: AAPL) self-driving car is continuing to be pushed out despite on-and-off rumors about the project getting started. What Happened: Cupertino could have soon a well-set team in place for the car project, according to Apple analyst Ming-Chi Kuo from Taiwan-based TFI...
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Former Apple Engineer Pleads Guilty For Trying To Flee With Self-Driving Car Plans To China
Tuesday, August 23, 2022 - 7:25am | 426A former Apple Inc (NASDAQ: AAPL) engineer who downloaded plans related to a circuit board for the company’s self-driving vehicle has reportedly pleaded guilty to trade secret theft. What Happened: Xiaolang Zhang had first pleaded not guilty to the charges but reached a...