Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Move Over Tesla Motors Inc (TSLA), Apple Inc. (AAPL) May be Developing a New Car: Steve Man

There are strong rumors about Apple Inc. (NASDAQ:AAPL) working in a new and exciting product: an electric car. This might be a move to compete with Tesla Motors Inc (NASDAQ:TSLA). It is also said that the car will be self driving and that it will resemble a minivan; is it trying to target moms? Nobody can tell just how far in the development of the car it really is. Steve Man talks about this in a video Bloomberg’s YouTube channel.

Apple, is AAPL a goods stock to buy, cars, automotive, David Garrity,

“Apple may be developing an electric car to compete with the likes of Tesla. But, as you know, Apple has been in the business of creating something that’s new, that’s out of the box. An electric car is not really a new device, but something that may integrate the automobile to the rest of the world […], just like iTunes did with music, just like Apple Pay is to pay services,” Man said.

Apple Inc. (NASDAQ:AAPL) has always done things thinking differently from its competition, so its idea of an electric car is probably something we can’t begin to imagine. It’s obviously going to be a very smart car. How is it planning on integrating a smart, electric car with its existing devices? When asked why Apple Inc. (NASDAQ:AAPL) would move into something totally different:

“It’s not, as you know Apple has been very good at developing smart devices. They probably are hiring all these automotive industry experts to understand how an automobile works, how it interacts with it surrounding, how people interact with their automobile. So, Apple is trying to understand how that entire ecosystem works and probably developing a smart device that integrates itself with the automobile,” Man said.

If rumors are true, Apple Inc. (NASDAQ:AAPL) will probably change the way we’ll interact on all levels with a car, from how we turn it on, to how we drive it (or watch it drive itself); it will possibly be the smartest car ever made. And the smart device that could possibly integrate with the car has to be something that we never imagined possible.

This could be a great step for the company as it moves into a totally different industry that can finally help Apple Inc. (NASDAQ:AAPL) reduce its dependence on the sales of iPhones. The existing manufacturers of electric cars have to be prepared for a very strong competition from Apple, Inc., as it has always been in every industry it has ever laid its fingers on.

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!