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The Apple Car: A Source of Growth or a Money Pit? (AAPL)
Apple Inc. certainly has the resources to design, build, and sell an electric Apple Car that would have much of the world salivating.
But the question for investors is whether an Apple Car would help or hurt Apple stock. The company needs new sources of growth, but the auto industry is riddled with challenges.
Here's why, despite the potential, the Apple Car poses a ton of risk...
Apple Inc. certainly has the resources to design, build, and sell an electric Apple Car that would have much of the world salivating.
But the question for investors is whether an Apple Car would help or hurt Apple stock. The company needs new sources of growth, but the auto industry is riddled with challenges.
Here's why, despite the potential, the Apple Car poses a ton of risk...