Arthur Hanson
Well-known member
Allocating assets to a low margin business of auto manufacturing, even outsourced, is not Apple's strong suit. Much of the effort will not be wasted for there is little doubt Apple was working on a self driving car and the experience gained in this area is far better used in developing AI and this could be used for several high margin purposes including selling the platform to auto manufacturers. This is a far larger, higher margin area that falls within Apple's skill set where it has a head start in AI/ML and all that goes into it including its relationship to TSM to build the chips required.