Apple shifts focus to next-gen CarPlay, securing commitments from Porsche and Aston Martin after terminating "Apple Car" project.
Apple shifts focus to next-gen CarPlay after terminating "Apple Car" project, securing commitments from Porsche and Aston Martin. Despite facing competition from Android Automotive, which is adopted by several carmakers, Apple's CarPlay offers flexibility but no licensing opportunities. Analyst Mark Gurman suggests potential revenue streams like charging car producers to support CarPlay or offering a paid tier for users.
March 17, 2024
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