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How is using self-driving cars cutting an expense? Currently the human Uber drivers use their own cars. That means the drivers, and not Uber, have to pay the insurance, the energy, and the upkeep of those cars. Plus, after an Uber driver uses his/her car for a while and the value of that vehicle depreciates, the driver shoulders that loss in value of the car. It's a pretty sweet deal for Uber. As for the drivers, they can't even get tips on a credit card. The business works in part because Uber has a supply of newby drivers who may not realize that it's not really a career, in that, it's going to be hard for the driver to make money over the LONG term.

But now... with this new business model... does Uber plan to buy a bazillion self-driving cars...? And insure them? And maintain them? And charge/fuel them?

They sure as heck can't expect their Uber drivers, whom they will be FIRING, to keep shouldering all the costs lol!

What am I missing? 

RodB2526 said:

Just a matter of time before the idiots that run this company start closing stores. 10 years they will be history and all because these stupid bastards have an affection for transgenders

Target's shortfall in revenue has nothing to do with their adding bathrooms and everything to do with their lower priced competition, Amazon and Walmart primarily. 

This discussion brings up a great question. If the SE had been bigger, but priced identically, would this product be such a smash hit?

i wonder if small form factor is only one factor for its success ... Along with smaller price. (?)

Selling more and more iPhones is a tough challenge, in part because the difference between an iPhone and a top Android phone grows smaller every year.

However, Apple has a great culture, enviable profits, and a bigger war chest than its competitors. Apple doesn't have to hit the ball out of the park every single quarter. I'm keeping the majority of my position in APPL. I think long term the company will continue to succeed. 

Just st one investor's opinion.

Apple's profits declined. Samsung's profits increased. But these facts are not causally connected, and that's not click-worthy news. The bloggers need blood. Conflict. Drama! Samsung kills Apple! Samsung steals share from Apple! And the markets need that drama to convince individual investors to panic. Money gets made that way. Stock prices are manipulated. Bloggers get their clicks. All that comes from emotion. Emotion makes money. 

But this article is all about rationality and facts. Those who search for facts can make money as well!

The way: Buy APPL and hold. And don't read financial blogs lol.