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by aleppe7766 2136 days ago
They won’t buy companies that bring their margin down; automakers have been struggling on hair-thin margins for years.
1 comments

Agree if they were to continue run Toyota as is.

That said said, if Apple bought them for accelerating their self-driving car development, the historical profit margins are irrelevant. The the valuation would still be all about the future opportunities and future cash flows. This relative to other opportunities in the market, as other commenters rightly point out.