Is Apple (NASDAQ:APPL), Tesla (NASDAQ:TSLA)’s Only Road to Success?
Apple (NASDAQ:APPL) is a well-known brand when it comes to gadgets like iPhones, iPad and even wearable now like iWatch. It’s a brand that is known for luxury, high quality and steep price. But in the beginning of the year, investors were restless when the company’s revenue growth were slowing down. In light of this, Tim Cook promised new product launches throughout 2014. However, till the third quarter, Apple (NASDAQ:APPL) growth chart didn’t seem very promising. But analysis showed that Apple (NASDAQ:APPL)’s stagnant position was exaggerated by its competitors. Google (NASDAQGOOGL) acquired Nest, Facebook (NYSE:FB) bought WhatsApp and Oculus. Apple (NASDAQ:APPL), however, only repurchased their own shares, worth $14 billion for the year.
This didn’t play too well with the investors. Eric Jackson, fund manager released an agitated statement on a few business sites, saying Apple (NASDAQ:APPL) needs to get its act together and start making good strategies. It needs to analyze the competitive environment around it and set objectives accordingly. He urged the company to bring on an aggressive approach.
A few months later, Apple (NASDAQ:APPL) bought Beats for $3 billion in an attempt to quiet the critics. This didn’t work, though. It was the launch of iPhone 6, iPhone 6 Plus, Apple (NASDAQ:APPL) Pay and Apple (NASDAQ:APPL) Watch. The stock then zoomed up by 54%. Since the iPhone are Apple (NASDAQ:APPL)’s biggest revenue generator, they sold off very fast. Apple (NASDAQ:APPL) Pay and iWatch are new innovations and time will reveal their success.
Even though many seem satisfied with the way Apple (NASDAQ:APPL) wrapped up this year, one analyst believes Apple (NASDAQ:APPL) should make one last acquisition; Tesla (NASDAQ:TSLA). But what Apple (NASDAQ:APPL) has to offer, to lure CEO Elon Musk into selling his company off, remains to be seen. For one, Apple (NASDAQ:APPL) could offer them a hefty price from its $155 billion capital. Tesla (NASDAQ:TSLA)’s market cap at this stage is $30 million, and even if it decided to double the price, it’s an easy purchase for Apple (NASDAQ:APPL).
Another reason why this acquisition is necessary is in view of last week’s earning report. CEO Musk stated that demand seems to be slowing Tesla (NASDAQ:TSLA) down, but the supply and manufacturing department is doing better. Musk said he had great appreciation for firms who handle large scales manufacturing easily. When one thinks of firms who manufacture on a large scale, Apple (NASDAQ:APPL) is a prominent name as it makes millions of iPhones, iPads and Macs.
Another important factor is Apple (NASDAQ:APPL)’s ability to get most innovative and creative entrepreneurs in the world, that make possible the challenging task of manufacturing premium products like Model S, which is like the iPhone of cars.
Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!
This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…
A legitimate question that arises here is why Apple (NASDAQ:APPL) would want to buy a car company. It’s simply because it’s Apple (NASDAQ:APPL) objective to create innovative devices and improve them with time to effectively deal with the ever growing tech market. Its innovation and initiatives is what sets Apple (NASDAQ:APPL) apart from other competitors.