3 ms·

Why is everyone so sure Apple Car will be a thing?

• lrvick 3y ago
  Because Apple likes money, and cars have high profit margins.
  • simbolit 3y ago
    That is a good reason, but in and of itself, not a sufficient reason. Chocolate has fantastic profit margins. No Apple chocolate. ... mhhhmm, apple chocolate, that sounds yummy. A bit closer to home, fabbing microchips has great profit margins. Apple pays good money to TSMC. Just because it's good money isn't enough reason, I am sorry.
  • BryanBigs 3y ago
    Cars have very low profit margins. Last time I checked a few years ago, the gross margin on an average American car was 10-15%. This doesn't count finacing.
    • simbolit 3y ago
      If that is true, an Apple car is very unlikely.