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And Google and Apple can send a software update that puts their ride-request app on phones across the world. Both also have billions of cash on hand and could e
by ssharp 11y ago
And Google and Apple can send a software update that puts their ride-request app on phones across the world. Both also have billions of cash on hand and could easily fund capital expenses with debt.
Given how Apple approaches everything, it's logical that they're going to create an end-to-end experience, meaning they make the tech, they make the cars, and they make the equivalent of Uber.
I'm not sure what Google's move is once they have commercially-viable self-driving tech. Would they license it to another automaker or group of automakers? Would their tech plug into whatever request app they make?
I think the strategy for Uber is to connect with a manufacturer like Tesla, who seem to be advancing competitively with Google and Apple on self-driving tech. Tesla has less access to cash and debt than Apple. Still, I see Uber's value being far less to Tesla than Tesla's value to Uber.