First of all, I am predicting right now that the Apple car will be made by VW Group, which invested $300 million in QuantumScape before it went public. There has been a “revolving door” between Apple’s Titan team and VW Group’s Project Artemis, nicknamed “LandJet,” to build the first truly revolutionary vehicle with solid-state batteries, used for Audi, Bentley and Porsche (all owned by VW Group).
Both Apple and VW Group want to introduce their revolutionary vehicles in 2024, which is when QuantumScape will open its first plant to build solid-state batteries before building a second, bigger plant in 2025.
So Navellier is predicting VW Group is the OEM for Apple Car and QS is the solid-state battery supplier
Somehow Apple is too stingy when acquiring company with suitors. Hope is not another Bungle blunder.
Biden is not dumb enough to force low paying assembly (part-time) jobs from China to USA.
This year, return of trading portfolios are better than last year, NASDAQ and S&P but not less than AAPL and ARK Since inception on Aug 28, 2017, is better than 25.9% p.a. to achieve 10x over 10 years.
I am still not sure Apple will actually make a car. If it doesn’t come out in 3 years it may indeed be too late. People love their Tesla as far as I can tell.
You don’t know how to use quote? Sound like I am the one making the prediction when it is Naviellier who did.
As far as I can tell, people love their BlackBerry and Treo when Apple launches the iPhone without physical keyboard and worse only 2G when every new phones are 3G. Steve Ballmer has a GOOD laugh.
Instead they comforted themselves with reminders that the iPhone’s keyboard was difficult to use and the battery life, terrible. BlackBerry was leading the pack, after all.
The iPhone didn’t look like a threat to the company’s core business. “It wasn’t secure,” COO Larry Conlee told the book’s authors. “It had rapid battery drain and a lousy [digital] keyboard.”
I worked with a few ex Motorola, Blackberry, Lab126 (Amazon hardware) and Nokia people once. Our ex Motorola boss almost exclusively hired people with mobile phone industry experience. It was right after Amazon fire phone flopped. It was after I was at Apple during the rise of the iPhone. It was interesting sharing stories from the different perspectives. We honestly should have documented it all for a business school case study.
I remember telling my hiring manager at Apple that I thought iPhone could get as big as iPod. He laughed and said it wouldn’t be that big, and the long-term projections weren’t even that high. Then the App Store launched…
iPhone was developed under Jobs’ leadership. He was the founder of Apple.
Ballmer was just a sales guy.
Fast forward to today. Apple is led by an operations guy who Jobs admitted in his biography is not a product guy. Jony Ive quit because the CEO isn’t into products. Compare it with Tesla. Elon Musk is the founder deeply into products, both design and more importantly manufacturing as well.
Cramer said Apple’s statements that came out this morning indicate that are going to have very strong service revenues. "Apple is a buy because it’s down right now and it has customers. Themes like work from anywhere, digitization and healthcare make me want to buy Apple even more.
Cramer is wrong, it is not right time to get in, for buy low concept.
When it comes to AAPL, you are forgetting your own EWT. See, AAPL is going through a minor correction, and it has to touch below SMA50, most likely settle at $115 around. This has hit double top and I have seen DT always works in technical. Above all, RSI is 48.8, it has still time to go down in between SMA200 and SMA50 and then turn upside.
126-115 = $11 downside risk. 11/126 = 8.7% downside. Use 115 as denominator would be 9.6%. Sure you read a lot of books? Can remember the content? Buy less than 10% from bottom = very good.
Tagged. Jan 7.
Anyhoo, dropping to $115 is not a definition of DT. Is a normal pullback when hit a major resistance. If it is a DT, should decline below $105, initial target $65.
Hyundai Motor (OTCPK:HYMLF) is up more than 20% in Seoul trading after the company confirmed that it is in early stage talks with Apple (NASDAQ:AAPL) about working together to develop a self-driving car, without any firm plan in place yet.
Reports suggest both electric vehicle production and battery development have been discussed on an initial basis about a car that could potentially be released in 2027.
Wedbush Securities analyst Dan Ives thinks Apple is looking at a handful of strategic EV partnerships and collaborations globally with existing automakers, including Hyundai.
More from Ives: “We believe based on our investor conversations over the last few weeks that many on the Street would rather see Apple partner on the EV path, than start building its own vehicles/factories given the margin and financial model implications down the road, coupled with the strategic product risk around such a gargantuan endeavor. This speaks to our view that the chances of a strategic partnerships with the likes of a Tesla, VW, Hyundai or other auto manufacturers in China (e.g., Nio, Xpeng) are in the 70%+ range over the next few years and could lay the groundwork for a dual path (start building its own line of EV autos post 2025) over the next decade if this EV/autonomous venture is successful with consumers.”
The electric vehicle sector is red hot right now off the Apple buzz and Blue sweep in DC.
Everyone knows Apple suppliers, partners, etc are strictly forbidden from discussing or mentioning Apple by name. You see it even when key suppliers announce earnings. They’ll say “a key customer”, but they’ll never mention Apple by name.
Was comparing AAPL and TSLA charts. Realize the ratio of length of wave 3 vs wave 1 for both is about 2. Where fifth wave of AAPL is a normal length wave, TSLA’s is an extended fifth wave because of the inclusion in S&P index. Go figure. This is the first time I know that inclusion in S&P index has so much impact on share price. Essentially force buying of TSLA because of the inclusion creating a huge artificial demand. When investors panic and start redeeming their funds and selling ETFs, it would bring TSLA to its knee.
Since inception on Aug 28, 2017, is better than 25.9% p.a. to achieve 10x over 10 years.
