Technology

57435 readers

4588 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

Apple Spent More Than $10 Billion on Apple Car Before Canceling Project (www.macrumors.com)

submitted 5 months ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

Apple Spent More Than $10 Billion on Apple Car Before Canceling Project::Apple spent more than $10 billion working on the Apple Car over the last decade, according to a report from The New York Times that details the...

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 5 months ago* (last edited 5 months ago)

That's how in investing in R&D works. Sometimes it does not pan out. It's a lot of money for many, but apple can afford such programs.

Just imagine the investments they made during this process. Better than hoarding the wealth.