Tuesday, December 22, 2020

Apple's long flirtation with the car business divides analysts

Apple's long flirtation with the car business divides analysts

Wall Street analysts had a range of reactions to a Reuters report on Monday that Apple could start production of an electric car in 2024 based around new internally developed battery technology. The report rekindles talk of Apple entering the car business, which was first reported in 2015. Apple has never commented on the reports.

While some analysts see the automotive business as a large new market for Apple to grow into, others say that the reported plan to make an Apple-branded car could run into the reality of the car business: heavy investment for low margins.

Publisher: CNBC
Date: 2020-12-22T19:42:47 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Shelby County Health Director Alisa Haushalter was an integral part of the conversation. "In an ideal world, given the amount of transmission nationwide, a national strategy is what's needed. If there isn't a national strategy, we need a state strategy," said Haushalter. "And unfortunately we don't have a state strategy and that's in part because of a fundamental belief that local municipalities should make their own decisions," she said.


"If we put down a 25 percent on the restaurant, people are going to gather in their homes, and the odds of them not masking and socially distancing increases dramatically," said Council Chair Frank Colvet. "Why can't we consider 50 percent, if for no other reason that if people are still going to party, at least they will do it in a fairly safer environment."

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Author: Christen Hill
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