Selected one
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Diversification is what you do when you have reached the peak of your business . There is not much of innovation happening in the phone segment and we all know that .
JoanFishers
Selected one
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Yes. This is the right time to enter the EV business. Many are there and of course over time there would be consolidations via mergers and acquisitions, some will go bankrupt. Those with deep pockets will survive and be leaders in this space. It got nothing to do with expertise as it is still new space and even Tesla the leader has P/e of 180 something..
CuryNeil
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It is not necessary that only Tesla has expertise there are smaller companies as well who could have great patents and could be acquired.I see some acquisitions in the EV space coming for apple soon.
Selected one : Diversification is what you do when you have reached the peak of your business . There is not much of innovation happening in the phone segment and we all know that .
Main Force Selected one : agreed well said
Squid Guy Selected one : Totally Agree.
GO AAPL!
JoanFishers Selected one : Yes. This is the right time to enter the EV business. Many are there and of course over time there would be consolidations via mergers and acquisitions, some will go bankrupt. Those with deep pockets will survive and be leaders in this space. It got nothing to do with expertise as it is still new space and even Tesla the leader has P/e of 180 something..
henryLiuu : you have a point but aren't the new cars more like an iphone than a model T?
CuryNeil : It is not necessary that only Tesla has expertise there are smaller companies as well who could have great patents and could be acquired.I see some acquisitions in the EV space coming for apple soon.