jimh2

badmonk said:

slow n easy 

There is absolutely nothing wrong with what Tesla is doing, and it's ridiculous to call Tesla owners guinea pigs. They are required to pay $12,000 or $200/month if they want the car to drive itself, and they have to be almost constantly touching the steering wheel, or the system will deactivate. They also use a strike system, so if you get (I believe 3 strikes) then you are cut off for a week or something like that. So people are required to take their role as a Beta Tester seriously. Also FSD 12 should go to wide release any day now. That is end-to-end AI and an elimination of 300,000 lines of code. It should be a total game changer. Tesla is still the only auto manufacturer where every vehicle they sell is capable of driving on every road in the country by itself. They are so far ahead of everyone else, it's hard to imagine that the other car companies will ever catch up. I'm guessing that they will have to license Tesla's technology. Tesla already gave away their charge port, and every auto company except Stellantis is using it starting in 2025. There is no way that Stellantis can hold out forever or people will stop buying their cars.

Good points but I think Tesla’s auto-drive system flaws are not related to insufficient software but because Elon made the decision to deprecate LIDAR as a cost-savings move.  Any self-driving system based on visible light sensors is invariably going to have holes.  My cars crash avoidance system cuts out in fog at the same time I can’t see.  What’s the point?  I agree with the article’s author that Ai cannot account for human stupidity or variance of others on the road or the perpetual construction complex.

I would also be worried that a forever $12,000 beta-product is eventually going to poke the ire of consumers or regulators or worst of all, the mass-tort legal firms for an over-promise and under-delivery fraud class action.  Tesla has issues going forward.

That said EVs are becoming a low-margin commodity thanks to China.  Apple made the right decision here.  I think the European automakers and EU don’t know what is going to be hitting them in the next decade as these  BYD EVs flood their market as they focus on smart phone app stores.

I think Apple will be able to salvage the work they did here by partnering with an legacy automotive company.  I know it’s not the usual Apple thing but I think they will have something to offer and bring some value to the proposition.

I would also add that Toyota’s plans to not jump on the EV market but instead focus on plug-in hybrids seems like a brilliant idea in retrospect.  If i had to buy today that is the way I would go.  EVs had their own ecological nightmare issues-battery waste, wanton deep sea mining, on-land mineral mining in conflict zones, vehicle weight and tire wear (which contributes to environmental plastic burden) etc, coal for electricity generation.  We just were not aware of them all.

Massiveattack87 said:

Mike Wuerthele said:

Massiveattack87 said:

Wesley Hilliard said:

Massiveattack87 said:

Just ridiculous and "doomed" actions by AAPL. 

It seems like you didn't read the proposals, Apple's responses to the proposals, and have no idea what Apple already does in terms of human rights, liberties, gender pay gaps, and other issues. Apple leads the way in most of these issues.

Apple isn't going to reveal internal secrets about what it is working on. It would endanger the products and shareholders know that.

I recommend reading up on these things. Apple publishes a lot of material that can tell you everything you need to know about how it conducts business.

And yes, if anything, Apple is massively undervalued on Wall Street compared to its competitors. Look at its P/E. It's criminal.

Dear Wesley,

it is not bad to support human rights, liberties, gender pay gaps. Those actions are not only addressed to Apple, but to all existing enterprises worldwide. 
Those actions are essential/basic and should be executed by all enterprises as I mentioned. 

Why must basic terms be highlighted in an event, which is only scehduled once per year? 

I disagree that Apple is massively undervalued.

Apple has minus growth rates. Apple just made +2% revenue growth in 2023 (YoY). 
Their EPS is rising thanks to their massive buybacks, but other tech companies increase their EPS even with less buybacks. 

iPad, Mac, wearables note minus growth rates.
iPhone has a single digit growth.
Service now has a low double digit growth. 

This performance does not justify the current forward P/E x30. 

Alphabet has lower P/E than AAPL.
Even META has lower P/E than AAPL.
Nvidia has forward P/E x32. 
If you still say Apple is massively undervalued, then Nvidia is massively x 200 undervalued than Apple. 

I merely want to know from Apple how Apple is preparing for their current headwinds. 
A lack of transparencies is the reason why Apple is tanking and tanking. 
Even MSFT, META, NVDA give guidances and full transparencies with full confidence without disclosing any confidential related topics. 
Why can´t Apple do that?? 

Look at their AppleCar project. Without knowing in detail, what´s going on, we get the information that it is cancelled. 
What???!!! 

Did you even read Wes' post? Apple talks about human rights and so forth all year. They talk about "basic terms" and have accountability reports throughout the course of the year and have for over a decade.

"Minus growth rates?" You said it yourself, +2% revenue growth YoY. That's not "minus."

And as far as "preparing for their current headwinds" they have this thing once a quarter where they file an incredible amount of paperwork with the SEC and discuss these things, at length. Since you're an investor, you might want to consider reading what they publish.

A claim that Apple is tanking because of a lack of transparency is ludicrous and not based in fact. Microsoft, Meta, and Nvidia disclose with the same transparencies, meaning none.

Yeah. These human/race related actions should be stopped as it has been discussed over a decade. Enough is enough.
Apple needs to drive other topics. Hereby, I see a lack of innovations already as Apple does not seem to know what topics should be discussed. 

Again: Apple has stopped to grow.. +2% revenue growth is a peanut given the fact that we are talking about a company, which is compared with other big six companies as a part of Magnificant Seven in terms of their stock performace.

K-10 is followed up. But nothing found in terms of what I want to. 

Microsoft, Meta, and Nvidia give transparencies, which DO MEAN a lot, because those transparencies are always linked to potential consequences that their stock price will be dragged down. 

I will just give you an example:
Tim Cook spits that Apple is going to introduce "incredible breakthrough potential for generative AI". What is exactly incredible breakthrough?
Microsoft announces way way more in detail that Microsoft is going to use AI with their copilot at Teams. More inputs and more insights to investors. 
You see the difference?? 

Since Apple has never given a forward guidance since Covid-19, Apple has a lack of confidence to drive their growth.

Just my 2 cents.

SoCal4me said:

So if you buy a Tesla and did not want to pay for some of the software based features that Musk has deemed to require additional payment to make them available, to in essence unlock them to the consumer purchaser, then you should get to either hack the car software (or hardware) to get those features for free, or make the government force the car maker to provide them to you for free? Afterall the car is "yours" now. Or is it only yours after it is paid off. At what point do you become the owner of the software built into the car?