Bloomberg today about dropping Apple Car:
"In this era of cost-cutting across the tech business, the Apple Car was a distraction that could no longer be justified, not when the needs of AI must take priority, with Apple seen as a laggard."
"The large margins Apple enjoys on its hardware could not possibly be replicated, and the ordeal of putting a vehicle into production would have daunted even Tim Cook."
Diversification is a necessity for survival in today's cutthroat market. It's the key to fortifying :
- your company's foundation
- outpacing competitors
- seizing strategic positions
Yet, it amplifies complexity and demands substantial investments, potentially becoming a pathway to failure.
Read the article at: https://bloom.bg/3wyMVGS
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