'Apple Explores Home Robotics As Potential 'Next Big Thing' After Car Fizzles; The Company Has Teams Working On Automated Home Devices; The Search Is On For New Growth Sources After EV Gets Nixed' - Bloomberg
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Apple Inc. is exploring the field of home robotics, including a mobile robot and an advanced table-top device with a movable display, as potential new growth avenues after discontinuing its electric vehicle project.
April 03, 2024 | 7:17 pm
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Apple Inc. is venturing into home robotics with a mobile robot and an advanced table-top device, signaling a new direction after halting its EV project.
Apple's exploration into home robotics represents a significant pivot and potential growth area for the company, especially after the discontinuation of its electric vehicle project. This move could excite investors about new revenue streams and Apple's commitment to innovation, likely having a positive impact on AAPL's stock in the short term.
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IMPORTANCE 80
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