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by solatic
2954 days ago
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> It surprises to me no end that a company with $100B in funds, vast experience in supply chain and ability to suck up virtually all talent is struggling so badly at a technology that is over 100 years old Their supply chain experience is for completely different parts. The suppliers for computer and phone parts are not the same suppliers as those for engine parts, wheel parts, etc. Apple wouldn't just need to hire the right people - they'd need to build out the factories and supplier relationships and dealer networks and everything else from scratch. Recall that Tesla was founded in 2003, and what you look at now is the product of fifteen years of corporate development - and they're still not on the level of Detroit's Big Three. Really, Apple would need to acquire a car manufacturer, but when you look at the market caps of various car companies - GM's is $53B, Ford's is $44B, Chrysler's is $34B, BMW's is $56B, and so on - buying a controlling stake in any one of them is doable, but constitutes using quite a lot of Apple's cash reserves. It goes to reason that there'll be opposition within Apple to using that much of the cash reserves on any one bet. |
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I don't like the idea of Tim Cook going to BMW just because he drives and likes BMW however... I think it's a bad way to make decisions.
[1] https://www.motor1.com/news/238922/aston-martin-stock-market...