Why Apple is not interested in building cars!

Forget the rumor: Apple will never build cars

Excerpt:

Manufacturing cars — like, on an actual assembly line -- is an entirely different business, and an almost indisputably worse one than the business Apple is already in. Apple’s profit margin, for instance, is 22%. Its tightly controlled lineup of a few basic products generates phenomenal scale. Apple builds almost all of its products in China and other low-cost countries, where it doesn’t have to tangle with labor unions or western-style safety and environmental rules. Its products are lightly regulated consumer gizmos that are easy to ship and rarely need to be recalled.

Comment: Image source: Apple on wheels. Minivan.