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by lrvick 958 days ago
Because Apple likes money, and cars have high profit margins.
2 comments

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.
If that is true, an Apple car is very unlikely.
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.