If you have been waiting for the Apple Car, you may want to rethink your options. Apple analyst Ming-Chi Kuo has now said that he has "lost all visibility" on the Apple Car project.
What Happened: Apple Inc. (NASDAQ:AAPL) could be losing the plot for its car project – while the Apple Car saga has extended to a decade now, analyst Kuo has cast aspersions on the idea itself.
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According to Kuo, fans who have been waiting for Apple Car news are in for a disappointment. He says he has "lost all visibility" on the project, which sounds quite serious for the world's most valuable company by market capitalization.
"If Apple doesn’t adopt an acquisition strategy to enter the automotive market, I doubt that the Apple Car can go into ...