Apple (AAPL) Said to Plan Relatively Rapid Entry into Auto Industry
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Analyst Throws Cold Water on Idea of Apple (AAPL) Producing Electric Vehicles (TSLA)
February 20, 2015 1:08 PM ESTStifel is out with commentary on Tesla Motors (Nasdaq: TSLA) following recent speculation that Apple (Nasdaq: AAPL) might be entering the electric vehicle (EV) market.
Analyst James Albertine doesn't think Apple is looking to manufacture entire vehicles, but is instead looking to leverage its global brand presence and cash pile to improve its negotiating position with major automakers. He further noted that Apple making headlines about entering the EV market is good for the EV market, thus good for Tesla.
On Apple's plan, Albertine continues,... More
Apple (AAPL) May Open iOS 9 to Beta Testing
February 20, 2015 12:11 PM ESTApple (Nasdaq: AAPL) is said to be mulling a public beta program for other platforms following the success of the imitative with OS X Yosemite.
According to... More
Latest Suit Against Apple (AAPL) is Further Evidence of Automobile Ambitions
February 19, 2015 10:07 AM ESTAdding more evidence that Apple (Nasdaq: AAPL) is moving toward the auto industry, Reuters reported Wednesday night that electric vehicle battery-maker A123 Systems filed a lawsuit against the consumer... More
