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Wedbush believes Apple’s alleged move to cancel the development of the Apple Car provides a laser focus on what’s next for the company — AI.
Apple will do fine without Apple Car
Apple will do fine without Apple Car
Reliable sources say that Apple has ended work on Project Titan, meaning, if true, that an Apple Car will never see the light of day. This may disappoint some, but at least one investment firm is bullish about the move.
According to a note from Wedbush seen by AppleInsier, Apple disbanding Project Titan and focusing that team on AI initiatives is the right move. It would mean accelerating the development of Apple’s AI initiatives as they become more important through 2024.
Apple AI is the focus of an investing firm after Apple Car’s death
Apple AI is the focus of an investing firm after Apple Car’s death
