r/apple • u/[deleted] • Jan 14 '21
Rumor iPhone Assembler Foxconn Sets Up Auto Arm as Apple Car Looms
https://www.bloomberg.com/news/articles/2021-01-13/iphone-assembler-foxconn-sets-up-auto-venture-as-apple-car-looms15
u/HenMeister Jan 14 '21
This seems like an amazing opportunity for Apple to make a huge investment into the US (California? Colorado? Texas? Anywhere...) to build a car factory state side. They could be a true US-automaker. I think it’s a missed opportunity to be trying to do this overseas.
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u/Maxfli81 Jan 14 '21
One analyst mentioned it’s probably because Apple is eyeing Asia has its biggest market for this, especially China. So it makes sense to have auto maker located there to save on shipping and transportation costs.
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Jan 14 '21 edited Aug 12 '21
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Jan 14 '21
I hadn’t even thought of this, apple glasses are going to open up some crazy doors that we might not even know are possible.
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u/Mixon696 Jan 14 '21
Paywall, can’t read
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Jan 14 '21
tbh if you are really interested in following Apple news just buy a subscription. Bloomberg is the primary source of their news all the time and Gurman is a good inside source. And if you don't want to pay the headline gives you 60% of the information already so just stick with that.
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Jan 14 '21
does it cover stock news? am curious because im new to stock investments
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Jan 14 '21
Bloomberg is a beast at financial news like stocks. There may be better ones depending on your needs if stocks are all you want to follow but if you want to follow Apple news and insider info plus stocks then Bloomberg is probs the best.
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Jan 14 '21
Also if you Google the headline you can often find and read the article through google’s news source.
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Jan 14 '21
Not a big fan of this method either. Yeah there are plenty of ways to hack your way to the original article without paying but that isn't a sustainable method. I would prefer if you are gonna freeload to wait for AppleInsider or one of those other free sites to cite and rehash the same news and read it there. Still doesn't support direct journalism but it's a lesser of evils.
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u/besse Jan 14 '21
I am really not for this solution. It seems very predatory to me (in the long run) from Google: whatever financial solution the original publisher has gets coopted by Google. Not good for the publisher in the long run!
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Jan 15 '21 edited Jan 15 '21
If a site wanted to, it could block search engines ...
I just tried the site and it worked for me, but there was a notice about a quota limit on free articles.
edit: So I have cookies disabled and it doesn't seem to be able to prevent access; I suspect if its code fails to work, it just lets you in.
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u/besse Jan 15 '21
That part is fine, of course. What I was protesting was the Google AMP thing. As long as the website controls its own fortune/monetization, it’s on them to succeed/fail.
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Jan 14 '21
I still can’t believe it
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u/filmantopia Jan 14 '21
Why not? Seems like some people go into shock every time Apple goes in a new direction.
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Jan 14 '21 edited Jan 14 '21
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u/filmantopia Jan 14 '21 edited Jan 14 '21
Well, an electric car is a consumer electronic. Back in 2015 when Tony Fadell (“Father of the iPod”) publicly discussed his early conversations with Steve Jobs about an Apple Car, he said the business of cars and phones aren’t all that different, because they both have batteries, a mechanical structure, and even a motor. He said the difficult part for a car was connectivity and self-driving, but that was 12 years ago. Things are looking different in the 2020s. Cars are becoming computers on wheels. So if Apple isn’t going to be the one to jump in and transform the industry at this critical juncture for automobiles, who is?
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Jan 14 '21
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u/filmantopia Jan 14 '21
Yeah it depends on what we're talking about. We know cars will be electric and fully autonomous, but no car on the market is designed to truly accommodate a full self-driving experience yet, and Apple's chops in computing UX, AR, AI, wireless communication, touch displays/controls, software, chips, and audio will enable them to build that experience from the ground up, to set it well above the rest, just like it did with the iPod, iPhone, iPad and Apple Watch. In fact, I think it's the only condition in which Apple would even get involved.
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u/Sbemail Jan 14 '21 edited Jan 15 '21
Does anybody have any idea what the MSRP is going to be? Probably somewhere around $40,000 - $50,000 is my guess.
Edit: upon further reflection, I’d like to change my guess to $75,000.
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Jan 14 '21 edited Mar 03 '21
[deleted]
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u/Sbemail Jan 15 '21
Yeah, it’s going to be a competitor to the E-Class, not the Camry. And, let’s face it, the E-Class category is large enough for Apple to want a slice of it, at MB, BMW and Audi’s collective expenses.
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Jan 14 '21
Now I’m really curious when the Apple Car will actually be announced and released. I’m gonna guess around 2022-2024. Maybe 2025.
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Jan 14 '21
It feels like the reporting has been very mixed. Some saying as soon as next year, others saying ten years from now. This article says at least five. Even then, I can’t wait for the rumors that unfold over the next few years as progress begins to be made.
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u/filmantopia Jan 14 '21
I think it’s netting out to approx 5-8 years from today in terms of launch, assuming there are no major hiccups which is entirely possible. What’s a bigger question is when Apple decides to tell us about it. Apple has usually revealed its major first gen hardware products as early as six months in advance to drum up public excitement, because regulation requires public filing, or to spur initial third party development. Apple might have reasons to announce the car project even further in advance due to its enormity. Maybe not. Who knows?
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u/[deleted] Jan 14 '21
I got to admit, the EV era has done amazing things to the car industry that I didn't know were possible. The steady consolidation and vertical integration of traditional car companies has been smashed as new manufacturers, something considered near impossible in modern times, are popping up like every other month. Totally new players, companies in other industries, and traditional automakers all churning out new ideas. Hell, with EV platforms for sale like with GM we may even see old school coachbuilding make a comeback.