Apple Investing More R&D Into Electric, Autonomous Vehicles Than iPhone, iPad, & Apple Watch R&D (Combined)

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    Apple has spent more money on the research and development of electric, autonomous vehicles in the last few years than it did on the development of the iPhone, iPad, and Apple Watch — combined.

     

    So, needless to say, the company clearly has big plans for future “shared mobility.” With most analysts now predicting that the sector is going to explode in importance over the next decade or so, the company’s bet is an interesting one.

     

    Especially when one considers the fact that the company’s profits have begun to level out (and even drop) in recent times.

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