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Apple’s vehicle obsession is all about having eyes off the road | News

At first look, the forays Apple Inc., Google and other technological know-how giants are making into the earth of vehicles do not appear to be significantly worthwhile.

Constructing cars demands factories, gear and an army of persons to design and style and assemble substantial hunks of metal, plastic and glass. That all but assures slimmer profits. The world’s prime 10 carmakers experienced an running margin of just 5.2% in 2020, a portion of the 34% loved by the tech industry’s leaders, information compiled by Bloomberg show.

But for Apple and other behemoths that are diving into self-driving tech or have

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