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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST
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To: Doren who wrote (212765)3/1/2024 9:08:06 AM
From: Zen Dollar Round1 Recommendation

Recommended By
NAG1

   of 213177
 
> Why would they want to?

That was exactly my point. It doesn't make sense to devote resources to developing apps for the AVP with such low production numbers currently.

> I think the AVP will sell eventually to a limited market. Even at $1500 I think the market will remain limited.

I think Apple could eventually get the price down to $1,000, but that'll take at least a couple of years. People already pay more than that for the top iPhones.

The trick is there will have to be some compelling reasons to own one, like a great interest in a metaverse AR/VR experience or some killer apps with experiences that cannot be easily duplicated elsewhere.

Apple certainly has a lot of money to throw at making the AVP a success, and I think its chances of succeeding are far greater than the Apple car ever had.
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