Apple (NASDAQ AAPL) have been pioneers in innovation for some time now. Apple have entered different markets and reinvented them well enough. This they have demonstrated with the launch of technologies like iPod, iPads and similar such technologies.
Apple would like to do the same with their driverless cars which might be entering the market in the coming months. With so much speculation and rumours coming in regarding the product, it would be interesting to see how the market responds to the driverless cars.
Here in this article, we will take a closer look at these driverless cars from Apple and what these might mean for the AAPL stock in the coming months. It would be intriguing to see how the stock reacts to this new piece of development. Apple have been doing good in the market and would be hoping that Driver less cars can increase their good fortunes.
Apple Inc (NASDAQ AAPL): Driverless Car
Apple’s Driver less cars are set to innovate the markets. These cars would have a slew of cameras and instruments which can ably help in the navigation of the cars. Varying amount of sensors would also be used. It is currently a little ambiguous as to what the cars would be functionally performing and whether they would be completely driverless.
The popular view in the market is that such an innovation takes time and therefore such products are more of a speculation than some concrete reality. It would be interesting to look at the product once it comes out. Especially given the fact that it may be able to displace Google’s street view.
Apple Inc financial news (NASDAQ AAPL)
Apple (NASDAQ AAPL) have had a terrific 2014 and a good start to their 2015. The stock rides high around the levels of $125. Much of this is due to the immense success of iPhone 6. It would therefore be intriguing to see just how Apple reacts to the launch of Driverless cats.
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