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🧐 “Dude, where’s my iCar?” — Apple’s latest car update. MrBeast’s $100M Amazon offer. Puma’s Argentine sneaker losses.
Jan 25, 2024
Mr. Beast, a popular creator, is offered $100M by Amazon for an exclusive show. Apple's car might arrive by 2028, but it won't be self-driving. Puma stock fell due to Argentina devaluing their currency. The podcast also discusses the effects of currency devaluation on Puma's investments. Amazon Prime Video's offer to Mr. Beast could bring benefits like access to resources and potential cost coverage for stunt videos.
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Quick takeaways
- Apple's iCar project will not be self-driving and represents a missed opportunity for the company in terms of diversification and technological advancements.
- Argentina's currency devaluation negatively impacted Puma, causing a significant drop in stock value and losses in the country, highlighting the drawbacks of currency devaluations on investments and purchasing power.
Deep dives
Apple's iCar delay and missed opportunities
Apple's iCar project, dubbed Project Titan, has been delayed once again, with a new target launch date of 2028. The self-driving aspect of the car has been abandoned, and it will now feature advanced cruise control. This represents a missed opportunity for Apple, as the greatest cost in terms of the project's 10-year timeline and hundreds of millions of dollars spent is the missed opportunities the company could have pursued instead. They could have focused on manufacturing diversity, AI, or expanding into other industries. The delay raises questions about the strategic direction of the project and its ultimate value.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode