If one understands what is involved in producing a map visually pleasing enough to the extent of what Apple has planned, that question is not that hard to answer. First, the map service will offer "flyover" images of local areas and cities that are three-dimensional. Apple will offer this while providing real-time traffic updates to go along with turn-by-turn navigation. So the obvious question is, how is Apple able to do all of this? Clearly, it seems the company has now gained access to satellites -- something that many Sirius investors thought was impossible and could only occur if Apple bought Sirius.
Having essentially rendered names including TomTom and Garmin (GRMN) irrelevant, the question is how long will it take for Apple to fully enter the dashboard and integrate OS6 into a workable IP standard. Though things are now looking a little grim for Sirius XM, Apple is making new friends by having integrated its new OS with social media giant Facebook (FB). What this means is that users will only need to authenticate once with their Facebook credentials and they will then be able to post to Facebook from within their apps. Bottom Line
I was heavily criticized for stating recently that when it comes to Apple there is no such thing as expensive. Strictly from a valuation standpoint, I firmly stand behind this statement. Clearly, the company understands what it means to push the envelope and squeeze out as much value as it can for its shareholders. Sadly for others, it often presents a reality where there is no such thing as infinite wealth. In order for companies like Apple to win, others have to lose.
In this case it seems the days of TomTom, Garmin and Sirius XM are now numbered -- particularly Sirius because it has been reported that Apple is working with carmakers including BMW, Land Rover and General Motors (GM) to add buttons on steering wheels that will allow drivers to enable Siri from a docked iPhone within the automobile, all without lighting up the display on the phone.In other words, Apple is coming up with ways to make Siri a standard without being a safety hazard. Clearly, when it comes to the auto, the company is now in the driver's seat.
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