KGI Securities analyst Ming-Chi Kuo is back with a prediction that sees Apple focus on augmented reality to the detriment of any Apple Car project that was previously a priority.
Apple has put the brakes on development of its electric car, according to a new report, with the team involved in the project now working towards making its self-driving autonomous car platform a reality.
It's hard to believe that it's been almost two years since Apple introduced HomeKit at the 2014 Worldwide Developer Conference (WWDC) in San Francisco. The HomeKit protocols were originally revealed and exposed to developers and manufacturers as a way of addressing some of the problems that existed within the Home Automation market at that time, namely price of hardware and the complexities involved in getting started. Over the last two years, Apple has filed a number of patents to improve and push HomeKit forward, including this recently discovered filing that outlines how "automated behaviors in an environment can be implemented based on aggregation of individual user routines."
In a veiled revelation at Apple's annual shareholder's meeting, Apple CEO Tim Cook seems to have suggested that the Apple Car is real, but is a long ways away from being released.
In a recent interview with BBC, Tesla CEO Elon Musk said that it is "obvious" that Apple is building an electric car and that its endeavors are an "open secret".
Amid constant speculation regarding the rumored Apple Car, the Cupertino company has taken control of not one, but three car-related top-level web domains, namely, apple.car, apple.cars and apple.auto.
Apple has allegedly given the official go-head to its electric car team, allowing it to move the Apple Car into "committed project" mode. Furthermore, a prospective release date of 2019 has been slapped on the project.
Apple has been rumored to have a team working on an autonomous car for quite a while now, and while the rumor hasn't been around quite as long as the fabled Apple TV streaming service, it is one that simply won't go away. There has been little in the way of solid proof that such a thing as an Apple-made car is in the works, though that hasn't stopped the rumors from flying.
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