Previously on Right Click: Two Apple insiders earlier revealed Apple’s plans to make an EV. They say it’s “like the first time you saw the iPhones.” (+ Elon Musk’s reaction)
When will it come: 2025-27. But might be delayed to 2028 or further.
Will Apple succeed: Although, Apple does have some competitive advantages, it might also fail as it did in smart speaker market. EV Market is a lot fiercer than smart speaker market.
How to succeed: The key success factor is big data/AI, not hardware.
Apple’s disadvantage: With Apple coming late, rivals will already have have accumulated at least five years of big data and be conducive to deep learning/AI
Bottomline: Kuo said the market is “overly bullish” about the Apple Car’s launch schedule, and he has advised investors to avoid buying Apple Car-related stocks at this time.”
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