Self Driving Car | Will Apple Join The Race

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Can you imagine it? A blind person sittingApple Self Driving Car in the driver’s seat and driving to his or her mom’s house? It sounds like a thing of the future doesn’t it? Believe it or not, that concept really isn’t all that far off. As a matter of fact, Google already produced a self driving car that was used to allow a blind man to drive! The video is below. However, there are a few kinks that need to be worked out of the technology before it becomes widely available. While several companies are already racing to develop the perfect self driving car first, a new contender has entered the race a bit late. Apple may be developing its own version of the self driving car! Today, we’ll discuss why experts think Apple’s joining the race, take a look at what the car may be capable of, and how the market reacted to the news; but before we get to all of that, check out this video!

Is Apple Really Developing A Self Driving Car?

The first thing I think we should touch on is the fact that Apple hasn’t released a statement announcing that they are indeed developing a car. However, there are a couple of signs that are leading experts to believe that the company has decided to join the race. Those signs include…

  • CarPlay – Experts argue that Apple has already shown interest in the automobile market with CarPlay. Knowing Apple, it’s only a matter of time before the company expands it’s presence in the market.
  • Apple’s Ability – Throughout the company’s history, Apple has shown that they have the ability to manufacture amazing products and innovate technology to make products do things that consumers never imagined. So, it’s not out of reach that they would be able to create their own “Smart Car”.

What Apple’s Self Driving Car Could Be Capable Of

If you know Apple, you know that they don’t just create technology. We’re talking about a company that’s known to amaze consumers with the new capabilities they’ve proven are capable in technology. So, what will the self driving car most likely be capable of? Here’s my personal opinion.

  • Driving Itself – OK, so this one’s obvious, we’ll move on to the next.
  • Features For The Blind – I’d imagine that the largest market that would be interested in the self driving car would be blind consumers. With that said, an Apple car would most likely include features to make life easier on the visually impaired. These features could include voice commands, a feature that states the time, maybe something that tells the driver where they are as they drive, and it will most likely be able to drive to the closest restaurant without an address. Overall, if Apple really is doing this, I would imagine that their car would take the need for a manual operator of the car completely out of the equation.

Do Investors Like The Idea Of A Self Driving Car?

Obviously there’s no way for me to ask each and every Apple investor if they like the idea of a self driving car, but it is possible to see what they think overall, just look at the market! Because the market was closed yesterday, the best thing to do would be to look at morning trading. In this case, Apple had substantial growth in morning trading; leading me to believe that investors like the idea of an Apple car. However, in mid-day trading, it seems as though the company’s stock is falling in price; leading me to believe that investors are starting to realize that Apple hasn’t confirmed their involvement in the creation of a self driving car. So, based on everything I’ve seen, I’ve come to the conclusion that investors like the idea, but aren’t convinced that it will come to fruition since there hasn’t yet been an announcement.

What Do You Think?

Do you think Apple really is creating a self driving car? If so, do you like the idea? Let me know in the comments below.

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Hey, Im Joshua, the founder of CNA Finance. I enjoy following the trends in the market and finding the catalysts that are making the moves. If you want to get in contact with me, leave a comment below or email me at CNAFinanceHelp@gmail.com Please keep in mind that I am not an investment advisor and nor is CNA Finance. This is a news and information gathering outlet. We may work directly with some of the companies that we write about. If we have a business relationship with an issuer, we will mention that in the articles. We also have various affiliate relationships with advertisers and may be paid if you sign up for a service that you were referred to through our website.

3 COMMENTS

  1. YES! Self driving cars will be the way of the future. I actually read a riveting article on LinkedIn about how Apple may try to buy Tesla in 18 months. Sounds probably. Maybe then Elon Musk will have time to devote to new projects! Just Google ‘Linkedin Apple Buy Tesla 18 months’. I don’t wanna link cause it would probably look like spam lol.

  2. I can’t wait until self driving cars are here and reliable. Think about how much time people that commute will get back and how many unnecessary accidents will eliminated. Not to mention allowing people that couldn’t drive the opportunity to do so. I hope that as many companies as possible invest in the technology so that it happens sooner rather than later.

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