Apple Electric Car Project Cancelled After Billions Spent

Bloomberg reports that the Apple electric Car project has been cancelled after a decade and many billions of dollars spent. Many of the Apple staff will shift to working on generative AI. There were about 2000 people working on the Apple electric car project. In 2018, there were around 5,000 employees working on the project. …

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Apple Third Quarter Results Completes Big Tech Earnings Season

Apple had decent Q3 results relative to expectations. Facebook, Microsoft and Amazon had the best big tech results. APPLE EARNINGS JUST OUT $AAPL *APPLE 4Q REV. $89.50B, EST. $89.35B ( BEAT ✅ ) *APPLE 4Q EPS $1.46, EST. $1.39 ( BEAT ✅ ) pic.twitter.com/ppM6HTjqLH — GURGAVIN (@gurgavin) November 2, 2023 Q3 Revenue Growth, YoY % …

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Bull Market With Top Seven Tech Stocks and Bear Market Without Them

2023 has been a relatively good year for the benchmark S&P 500 and growth stock-fueled Nasdaq Composite. The S&P 500 is widely viewed as the best benchmark of Wall Street’s health. It’s a market cap-weighted index comprised of 500 generally profitable, time-tested companies, a few of which have multiple classes of shares. All told, the …

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Apple, WhatsApp and Signal Will Refuse UK Government Backdoor into Encrypted Messaging

The UK government wants a backdoor into end-to-end encryption communication applications, but Apple says they would rather remove iMessenger and Facetime from iPhones in the UK. Apple says it will remove services such as FaceTime and iMessage from the UK rather than weaken security if new proposals are made law and acted upon. The UK …

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Ford Predictions of Niche Cybertruck Will Echo Predictions of iPhone Failure

During an interview with CNBC/Mad Money/Jim Cramer, Ford CEO Jim Farley dismissed the Tesla Cybertruck as a high-end product targeted at Silicon Valley rather than a truck for real working people. In the United States, Ford F-Series deliveries totaled 170,377 units in Q1 2023, an increase of about 21 percent compared to 140,701 units sold …

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Marques Brownlee Calls Apple Vision Pro Eye-tracking As Its Best Feature

The Apple Vision Pro is completely controlled by your eyes, hands and voice. There are no controllers. Just like the iPhones uses your fingers for control and did away with any stylus. There are many cameras and Lidar on the outside so it can see your hands. When you touch your fingers together then you …

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Apple Vision Pro is Ten Times the Price of Meta Quest 2

Apple today unveiled Apple Vision Pro, a revolutionary spatial computer that is their answer to Meta Oculus. Apple Vision Pro can transform any space into a personal movie theater with a screen that feels 100 feet wide and an advanced Spatial Audio system. Users can watch movies and TV shows, or enjoy stunning three-dimensional movies. …

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Samsung Exynox Modem Supports Direct Cellphone to Satellite Communication

For highly reliable NTN (Non-Terrestrial Networks) communication with low Earth orbit (LEO) satellites, Samsung has developed and simulated 5G NTN (Non-Terrestrial Networks) standard-based satellite technology using its Exynos Modem 5300 reference platform to accurately predict satellite locations and minimize frequency offsets caused by the Doppler shift. Based on this technology, Samsung’s future Exynos modems will …

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Apple on Pace for $120 Billion 2022 Net Income and Says Supply Chain Improving

Apple beat on its quarterly results but more importantly they say their supply chain issues are improving. Apple CEO Tim Cook said that the company’s supply issues were improving. He said that in terms of supply challenges, the December quarter was worse than Apple’s September quarter, but that he is projecting the March quarter to …

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