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Apple Buying McLaren Would Be A Bizarre Bet On Luxury

Apple is in talks to buy British super-luxury carmaker McLaren Technology in a deal valued at £1 billion to £1.5 billion, or $1.3 billion to $2 billion, according to the Financial Times. Such an acquisition would bolster Apple’s attempts to build its own car, an effort it has all but acknowledged public
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Apple is in talks to buy British super-luxury carmaker McLaren Technology in a deal valued at £1 billion to £1.5 billion, or $1.3 billion to $2 billion, according to the Financial Times. Such an acquisition would bolster Apple’s attempts to build its own car, an effort it has all but acknowledged public
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Apple in Talks to Acquire Luxury Carmaker and Formula One Team McLaren [Update: McLaren Denies]

Mac Rumors mclaren Apple has approached British luxury carmaker and Formula One team McLaren about a potential acquisition, likely to be valued at between $1.3 billion and $1.9 billion, according to Financial Times.… More

Mac Rumors mclaren Apple has approached British luxury carmaker and Formula One team McLaren about a potential acquisition, likely to be valued at between $1.3 billion and $1.9 billion, according to Financial Times.… More

Apple Car Reportedly On Its Last Legs, Employees Terminated Left And Right – EconoTimes

Apple has been rumored to be building its own self-driving, electric car technology for some time, and the reports of the tech giant hiring some heavy hitters in the industry have only fueled the flames of hearsay. However, reports are coming in that Apple is laying off employees in the car branch by the dozens. Analysts are already taking this to mean that the rumored “Project Titan” could be More

Apple has been rumored to be building its own self-driving, electric car technology for some time, and the reports of the tech giant hiring some heavy hitters in the industry have only fueled the flames of hearsay. However, reports are coming in that Apple is laying off employees in the car branch by the dozens. Analysts are already taking this to mean that the rumored “Project Titan” could be More

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Signs point to iCar in Apple’s future – The Blade

More Billions of dollars in research operations, more than 1,000 developers, mysterious workshops — the Apple iCar looks set to revolutionize personal mobility, bringing with it technologies that promise to alter the way we have used and perceived the car.
Behind the prefabricated aluminium façade of a large building at the rear of an industrial estate in Sunnyvale, Calif., work is progre More

More Billions of dollars in research operations, more than 1,000 developers, mysterious workshops — the Apple iCar looks set to revolutionize personal mobility, bringing with it technologies that promise to alter the way we have used and perceived the car.
Behind the prefabricated aluminium façade of a large building at the rear of an industrial estate in Sunnyvale, Calif., work is progre More

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Suspected Apple Car engineer leaves Apple for small electric car startup

The circulation of engineers into and out of Apple’s autonomous car effort—Project Titan—continues. Apple has nabbed some key talent from the likes of Tesla and GM, but has lost some people too. The latest is likely Bart Nabbe, who had worked for Apple’s “Special Projects” division, under which the Project Titan car initiative is classed, Apple Insider reports. His back More

The circulation of engineers into and out of Apple’s autonomous car effort—Project Titan—continues. Apple has nabbed some key talent from the likes of Tesla and GM, but has lost some people too. The latest is likely Bart Nabbe, who had worked for Apple’s “Special Projects” division, under which the Project Titan car initiative is classed, Apple Insider reports. His back More

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Apple Appoints Bob Mansfield to Oversee Electric Vehicle Team

Mac Rumors bob_mansfield Apple has appointed former longtime executive Bob Mansfield, who last served as Senior Vice President of Technologies at the company, to oversee development of its widely rumored electric vehicle, according to The Wall Street Journal.… More

Mac Rumors bob_mansfield Apple has appointed former longtime executive Bob Mansfield, who last served as Senior Vice President of Technologies at the company, to oversee development of its widely rumored electric vehicle, according to The Wall Street Journal.… More

Apple will build electric cars by 2020: Tesla’s Elon Musk

espite no official confirmation of its existence, plenty of buzz remains around the rumored Apple electric car.

Interest in what is known as “Project Titan” largely rests on Apple’s reputation for innovation, despite far too little information for analysts to make even educated guesses about specific features or design elements.

Nonetheless, Tesla Motors CEO Elon Mu More

espite no official confirmation of its existence, plenty of buzz remains around the rumored Apple electric car.

Interest in what is known as “Project Titan” largely rests on Apple’s reputation for innovation, despite far too little information for analysts to make even educated guesses about specific features or design elements.

Nonetheless, Tesla Motors CEO Elon Mu More

[…]

Apple might test its autonomous electric car at GoMentum Station

Apple car could soon be seen running around the dilapidated tracks of the GoMentum Station while it learns to drive on its own.

Apple has always been ultra-secretive with its car project though there is no way one can doubt its existence anymore. Not after Randell Iwasaki, Director of Contra Costa Transportation Authority, said while talking to CNET that Apple has approached him about using More

Apple car could soon be seen running around the dilapidated tracks of the GoMentum Station while it learns to drive on its own.

Apple has always been ultra-secretive with its car project though there is no way one can doubt its existence anymore. Not after Randell Iwasaki, Director of Contra Costa Transportation Authority, said while talking to CNET that Apple has approached him about using More

[…]

These 2 Charts Show Why Apple Is Building an Electric Car to Compete With Tesla — The Motley Fool

Elon Musk has given the world another reason to believe that Apple (NASDAQ:AAPL) is designing an electric car to compete against his own company, Tesla (NASDAQ:TSLA), at some point in the next five years.

“I think it’s great they’re [building a car], and I hope it works out,” said Musk at Vox Media’s Code Conference on Wednesday. “It’s just a missed More

Elon Musk has given the world another reason to believe that Apple (NASDAQ:AAPL) is designing an electric car to compete against his own company, Tesla (NASDAQ:TSLA), at some point in the next five years.

“I think it’s great they’re [building a car], and I hope it works out,” said Musk at Vox Media’s Code Conference on Wednesday. “It’s just a missed More

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Apple Car to revolutionize electric charging

Driving an all-electric car means relying on a growing patchwork of charging stations. Tesla already offers a pretty strong supercharging network already, but Apple apparently thinks it can do better with its rumored “Project Titan” car.

Reuters reports that Apple has been meeting with various companies focused on electric car charging and scooping up engineers with relevant experience. More

Driving an all-electric car means relying on a growing patchwork of charging stations. Tesla already offers a pretty strong supercharging network already, but Apple apparently thinks it can do better with its rumored “Project Titan” car.

Reuters reports that Apple has been meeting with various companies focused on electric car charging and scooping up engineers with relevant experience. More

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Apple looking into charging stations for electric cars | iLounge News

Apple has begun talking to charging station companies about how to charge electric cars and is hiring engineers with expertise in the field, Reuters reports. After years of ongoing speculationabout Apple’s automotive ambitions, the company appears to be tackling software issues and laying the groundwork for infrastructure to power an electric vehicle. Apple specifically seems to be responding to More

Apple has begun talking to charging station companies about how to charge electric cars and is hiring engineers with expertise in the field, Reuters reports. After years of ongoing speculationabout Apple’s automotive ambitions, the company appears to be tackling software issues and laying the groundwork for infrastructure to power an electric vehicle. Apple specifically seems to be responding to More

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Apple fuels electric car rumours with $1bn investment in Chinese Uber rival | TheINQUIRER

APPLE HAS THROWN $1bn at Chinese Uber competitor Didi Chuxing in a move that has fuelled speculation that the firm is revving up its own electric car plans.

Uber is the biggest cab-hailing service globally, but Didi rules in China by a considerable margin, claiming to have an estimated 87 per cent of the market with 300 million users and 11 million daily journeys.

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APPLE HAS THROWN $1bn at Chinese Uber competitor Didi Chuxing in a move that has fuelled speculation that the firm is revving up its own electric car plans.

Uber is the biggest cab-hailing service globally, but Didi rules in China by a considerable margin, claiming to have an estimated 87 per cent of the market with 300 million users and 11 million daily journeys.

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Apple looking for 800,000 sq ft space for electric car project, Project Titan

wants a lot of space for its secretive electric car project.

Apple is reportedly looking for a lot of space to house its secretive electric car project.

A major San Francisco real estate executive, Hudson Pacific Properties CEO Victor Hudson recently told analysts that the Cupertino company is after an 800,000-square-foot warehouse where it can develop its electric vehicles, The Wall More

wants a lot of space for its secretive electric car project.

Apple is reportedly looking for a lot of space to house its secretive electric car project.

A major San Francisco real estate executive, Hudson Pacific Properties CEO Victor Hudson recently told analysts that the Cupertino company is after an 800,000-square-foot warehouse where it can develop its electric vehicles, The Wall More

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Apple Hired Former Google Employee Experienced in Electric Vehicle Charging – Mac Rumors

Google today applied for a patent for an electric vehicle charging system and, as spotted by Quartz, one of the inventors listed on the patent application is Kurt Adelberger, who left Google for Apple in July 2015. The hire marks yet another potential addition to Apple’s rumored electric car team.

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Google today applied for a patent for an electric vehicle charging system and, as spotted by Quartz, one of the inventors listed on the patent application is Kurt Adelberger, who left Google for Apple in July 2015. The hire marks yet another potential addition to Apple’s rumored electric car team.

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Apple hires Tesla VP Chris Porritt for special projects

Earlier this year, the Wall Street Journal reported that Steve Zadesky, the 16-year Apple veteran leading up the company’s electric car project, had departed the company.

It looks as if Apple has found his replacement. Electrek reported on Tuesday that Apple has hired Chris Porritt to work on “special projects” at Apple.

Porritt’s last job was as vice preside More

Earlier this year, the Wall Street Journal reported that Steve Zadesky, the 16-year Apple veteran leading up the company’s electric car project, had departed the company.

It looks as if Apple has found his replacement. Electrek reported on Tuesday that Apple has hired Chris Porritt to work on “special projects” at Apple.

Porritt’s last job was as vice preside More

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Apple developing electric car in secret lab in Germany

Apple developing electric car in secret lab in Germany

Apple’s top secret electric car is reportedly being developed in a research and development lab in central Berlin.

The Californian company has hired up to 20 automotive industry specialists working under the codename Project Titan in the German capital, according to German newspaper Frankfurter Allgemeine Zeitung.

T More

Apple developing electric car in secret lab in Germany

Apple’s top secret electric car is reportedly being developed in a research and development lab in central Berlin.

The Californian company has hired up to 20 automotive industry specialists working under the codename Project Titan in the German capital, according to German newspaper Frankfurter Allgemeine Zeitung.

T More

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What Charging Standard Would an Electric Apple Car Adopt? — The Motley Fool

Despite losing the head of Project Titan earlier this year, it seems that Apple (NASDAQ:AAPL)continues to march forward with its plans to build an electric car. The Mac maker has reportedly set up numerous testing locations throughout the Bay Area, even possibly setting up a research subsidiary called SixtyEight Research.

As Apple seemingly makes progress on development, there’s still More

Despite losing the head of Project Titan earlier this year, it seems that Apple (NASDAQ:AAPL)continues to march forward with its plans to build an electric car. The Mac maker has reportedly set up numerous testing locations throughout the Bay Area, even possibly setting up a research subsidiary called SixtyEight Research.

As Apple seemingly makes progress on development, there’s still More

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Report: Apple Expanding Electric Car Facilities

Apple Inc. (NASDAQ: AAPL) is in the process of “significantly ramping” its electric car project.

Tech Insider, citing a report from Silicon Valley Business Journal, noted that Apple just leased a 96,000-square foot facility in Sunnyvale, California. The lease fuels further speculation that Apple is expanding its electric car project, dubbed “Project Titan.”

In More

Apple Inc. (NASDAQ: AAPL) is in the process of “significantly ramping” its electric car project.

Tech Insider, citing a report from Silicon Valley Business Journal, noted that Apple just leased a 96,000-square foot facility in Sunnyvale, California. The lease fuels further speculation that Apple is expanding its electric car project, dubbed “Project Titan.”

In More

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Apple Places Hiring Freeze On Electric Car Project Titan

Apple’s electric automobile project has encountered many roadblocks in recent months, as the company pushes to have the project completed by 2019.

Executives at Apple have placed a hiring freeze on the Project Titan team due to executives’ unhappiness with the group’s progress. A previously reliable source affiliated with the team explained that Apple design chief, Jony Ive, was “di More

Apple’s electric automobile project has encountered many roadblocks in recent months, as the company pushes to have the project completed by 2019.

Executives at Apple have placed a hiring freeze on the Project Titan team due to executives’ unhappiness with the group’s progress. A previously reliable source affiliated with the team explained that Apple design chief, Jony Ive, was “di More

[…]

Apple, Inc.’s Electric Car Ambitions May Have Hit a Speed Bump — The Motley Fool

The fabled electric Apple (NASDAQ:AAPL) Car may have just hit a bump in the road. The Wall Street Journal is reporting that Steve Zadesky, who has been at Apple for 16 years and was most recently in charge of the electric car project dubbed Project Titan, is calling it quits.

Zadesky had helped Apple grow its automotive engineering team by threefold, totaling approximately 600 employees as More

The fabled electric Apple (NASDAQ:AAPL) Car may have just hit a bump in the road. The Wall Street Journal is reporting that Steve Zadesky, who has been at Apple for 16 years and was most recently in charge of the electric car project dubbed Project Titan, is calling it quits.

Zadesky had helped Apple grow its automotive engineering team by threefold, totaling approximately 600 employees as More

[…]

Apple Car progress is further along than Daimler CEO initially thought | BGR

Are the tides turning? Are auto industry incumbents finally starting to view Apple’s rumored electric car with a tinge of optimism as opposed to reflexively categorizing the endeavor as a gigantic money pit? It sure seems that way.

Not too long after Tesla CEO Elon Musk said that Apple is likely to produce a compelling electric car, Daimler CEO Dieter Zetsche recently said that Apple is m More

Are the tides turning? Are auto industry incumbents finally starting to view Apple’s rumored electric car with a tinge of optimism as opposed to reflexively categorizing the endeavor as a gigantic money pit? It sure seems that way.

Not too long after Tesla CEO Elon Musk said that Apple is likely to produce a compelling electric car, Daimler CEO Dieter Zetsche recently said that Apple is m More

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Apple Reportedly Blocked Volkswagen From Demonstrating CarPlay At CES 2016 : CES 2016 : Tech Times

Apple CarPlay allows users to use the vehicle’s infotainment system to mirror the interface of the iPhone. Millions of iPhones running on iOS 9 can already connect to CarPlay wirelessly, but Volkswagen is the first car company to offer support for this functionality. Unfortunately, Apple reportedly banned Volkswagen from showing off the user experience at CES 2016.

Although Volkswage More

Apple CarPlay allows users to use the vehicle’s infotainment system to mirror the interface of the iPhone. Millions of iPhones running on iOS 9 can already connect to CarPlay wirelessly, but Volkswagen is the first car company to offer support for this functionality. Unfortunately, Apple reportedly banned Volkswagen from showing off the user experience at CES 2016.

Although Volkswage More

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Elon Musk says Apple’s electric car will ‘expand the industry’ | The Verge

Elon Musk has always said that competition is good for the electric car industry, and that apparently holds true even when the rivalry is with a juggernaut like Apple. In an interview with BBC News, Musk said that efforts by the iPhone maker to build an electric car “will expand the industry,” adding that Apple’s ambitions in this area were an “open secret.” When push More

Elon Musk has always said that competition is good for the electric car industry, and that apparently holds true even when the rivalry is with a juggernaut like Apple. In an interview with BBC News, Musk said that efforts by the iPhone maker to build an electric car “will expand the industry,” adding that Apple’s ambitions in this area were an “open secret.” When push More

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Tesla’s Elon Musk: Apple’s electric car is ‘open secret’ – MarketWatch

is “an open secret” that Apple Inc. is making an electric car to rival Tesla Motors Inc.’s TSLA, +1.02% vehicles, Tesla Chief Executive Elon Musk said Monday.

Apple AAPL, +1.45% has not officially said it is planning on an electric car but “it is pretty hard to hide something if you hire over a thousand engineers to do it,” Musk told the BBC.

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is “an open secret” that Apple Inc. is making an electric car to rival Tesla Motors Inc.’s TSLA, +1.02% vehicles, Tesla Chief Executive Elon Musk said Monday.

Apple AAPL, +1.45% has not officially said it is planning on an electric car but “it is pretty hard to hide something if you hire over a thousand engineers to do it,” Musk told the BBC.

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Tesla chief Elon Musk says Apple is making an electric car – BBC News

Media captionElon Musk says he does not feel threatened by Apple’s plan for an electric car
Tesla’s owner, Elon Musk, has said it is an “open secret” that Apple is making a rival electric car.

He also predicted vehicles that could not drive themselves would become a “strange anachronism” before too long.

The tech entrepreneur’s comments More

Media captionElon Musk says he does not feel threatened by Apple’s plan for an electric car
Tesla’s owner, Elon Musk, has said it is an “open secret” that Apple is making a rival electric car.

He also predicted vehicles that could not drive themselves would become a “strange anachronism” before too long.

The tech entrepreneur’s comments More

[…]

Apple registers apple.car and apple.auto, fueling rumors about electric car | Macworld

If you go to apple.car right now, you will get a blank page, but if the rumors prove true it can someday serve as the homepage of the hyped Apple Car.

According to MacRumors, Apple has registered the top-level domains for apple.car, apple.cars, and apple.auto. These domain registrations suggest Apple might use these websites to debut its much-rumored electric car.

Apple registered th More

If you go to apple.car right now, you will get a blank page, but if the rumors prove true it can someday serve as the homepage of the hyped Apple Car.

According to MacRumors, Apple has registered the top-level domains for apple.car, apple.cars, and apple.auto. These domain registrations suggest Apple might use these websites to debut its much-rumored electric car.

Apple registered th More

[…]

Apple tipped to leapfrog Tesla, Google and launch Apple Car in 2019

The Wall Street Journal recently reported that Project Titan, the code name for the people working on an Apple Car, was set to be expanded from its current size of 600 people to 1800 with a target shipping date of 2019.

Just as when Apple hired a string of fitness experts, including Jay Blahnik, in the lead up to the Apple Watch, Apple’s recent hires is a hint of what is to come with the More

The Wall Street Journal recently reported that Project Titan, the code name for the people working on an Apple Car, was set to be expanded from its current size of 600 people to 1800 with a target shipping date of 2019.

Just as when Apple hired a string of fitness experts, including Jay Blahnik, in the lead up to the Apple Watch, Apple’s recent hires is a hint of what is to come with the More

[…]

No, Apple Inc is Probably Not Gearing Up to Buy Tesla Motors Inc. — The Motley Fool

A research note from an Apple analyst suggested the company could buy Tesla. The Motley Fool’s Dylan Lewis and Sean O’Reilly run through the numbers and explain why that probably won’t happen.

Motley Fool Staff (the_motley_fool)Dec 17, 2015 at 11:00AM
A recent research note from FBR & Co. tech analyst Daniel Ives has Apple (NASDAQ:AAPL) investors all atwitter. The note cont More

A research note from an Apple analyst suggested the company could buy Tesla. The Motley Fool’s Dylan Lewis and Sean O’Reilly run through the numbers and explain why that probably won’t happen.

Motley Fool Staff (the_motley_fool)Dec 17, 2015 at 11:00AM
A recent research note from FBR & Co. tech analyst Daniel Ives has Apple (NASDAQ:AAPL) investors all atwitter. The note cont More

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Could Apple Inc Really Buy Tesla Motors Inc?

Apple Inc. (NASDAQ: AAPL) has $200 billion in cash that it could use to buy Tesla Motors Inc. (NASDAQ:TSLA), says FBR Capital analyst Daniel H. Ives. He said: “Heading into 2016, Apple and [CEO Tim] Cook are entering a critical juncture from a product, growth, and strategic perspective.”
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Apple Inc. (NASDAQ: AAPL) has $200 billion in cash that it could use to buy Tesla Motors Inc. (NASDAQ:TSLA), says FBR Capital analyst Daniel H. Ives. He said: “Heading into 2016, Apple and [CEO Tim] Cook are entering a critical juncture from a product, growth, and strategic perspective.”
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http:/ More

Former Apple Inc. Exec: Why Apple May Sell an Apple Car — The Motley Fool

An Apple (NASDAQ:AAPL) car sounds a bit “out there” — especially to anyone familiar with the auto industry. Plagued by narrow net margins and intense competition, it’s difficult to imagine the tech giant’s fat profits translating to autos. But as former Apple executive Jean-Louis Gassee points out in a new post on his blog, the same skepticism surrounded the company&# More

An Apple (NASDAQ:AAPL) car sounds a bit “out there” — especially to anyone familiar with the auto industry. Plagued by narrow net margins and intense competition, it’s difficult to imagine the tech giant’s fat profits translating to autos. But as former Apple executive Jean-Louis Gassee points out in a new post on his blog, the same skepticism surrounded the company&# More

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