Apple is reportedly shifting its focus from the previously rumored Apple Car project to the development of personal home robots, according to people close to the efforts. The tech giant is working on two types of robots: a mobile robot capable of navigating around homes and a robotics-powered tabletop device designed to move displays, as reported by Bloomberg's Mark Gurman. Despite the excitement around this new direction, some analysts express skepticism. They argue that Apple should concentrate on artificial intelligence (AI) rather than robotics, suggesting that a move into robotics could be a misstep for the company. Dan Ives of Wedbush described the focus on home robots over AI as a 'horror show' for Apple. The debate highlights the broader tech industry's focus on AI as the next major area of competition among tech giants, with a slim probability of seeing a product in the next 5 years.
#Apple Working On Home #Robots! Here are five things we know about Apple's interest in robotics. Read more: https://t.co/IMLQah1tzC https://t.co/LIdjM5URQ0
Apple's Work on Robots: What We Know So Far https://t.co/OeP6rJIEDA
Move over AI.. robots are emerging as the next big battleground for Big Tech. $AAPL โ said to be the latest mover.. joining $AMZN, $TSLA, $NVDA and $GOOGL. @Kr00ney breaks down the latest. https://t.co/IYjx0daIvb
Apple focusing on home robots over AI would be a 'horror show' for the company, Wedbush's Dan Ives says https://t.co/zqlhdw8lEN
For Apple the Street wants Cupertino to focus on one thing to add the golden ecosystem: AIโฆ..and certainly not robots in any form ๐๐ @LastCallCNBC https://t.co/pyg0FkrpSM
After abandoning the super-secret 'Apple car,' the company is hoping to make waves with a personal robot assistant. https://t.co/clXNRPA0mN
The focus now for Cook and Cupertino is AI with WWDC around the cornerโฆnot robots @LastCallCNBC ๐๐ https://t.co/pyg0FkrpSM
AI is the focus now for Cupertino with WWDC around the corner with the robot chatter NOT what the Street wants from Cook & Co @LastCallCNBC ๐๐ https://t.co/SvirsjZC6I
For Cook and Cupertino the focus is on the AI and iPhone 16โฆrobots would be a horror show decision in our view ๐๐ @LastCallCNBC https://t.co/pyg0FkrpSM
Apple needs to focus on AIโฆNOT robots as we discuss on @LastCallCNBC ๐๐ https://t.co/pyg0FkrpSM
Great to be on @LastCallCNBC with @SullyCNBC discussing why Apple going after a robot initiative would be a โblack eye momentโ for Cupertino instead of focused solely on AI ๐๐บ๐ https://t.co/pyg0FkrpSM
Great to be on @LastCallCNBC with @SullyCNBC discussing why we are so bullish on tech stocks into this earnings season ๐ฅ๐๐๐ @CNBC @CNBCtech https://t.co/m941Mlpuhy
โIt would be a horror show if they actually spent money on robots,โ says @divestech on $AAPL reportedly exploring personal home robots. โThey need to focus on AIโฆ if they went after robots, that would be a black eye moment for Apple.โ https://t.co/k60YXMuZob
Apple is said to have launched a hush-hush project to develop a personal robot as it faces pressure to produce a revenue-generating product along the lines of the iPhone, Mac and Apple Watch. https://t.co/ZTFXqWUAtn
Apple engineers are now looking into a mobile robot that can help users around the house, according to "people familiar with the situation" who spoke with Bloomberg chief correspondent and Apple expert Mark Gurman. https://t.co/x0534sopFI
We believe 1Q earnings will be a major positive catalyst for the tech sector and expect tech stocks to be up another 15% for the year adding to the strong start to 2024-now the broader tech growth story takes center stage led by software, digital advertising, and semis.๐ฅ๐๐
$AAPL may be working on a personalized robot, as reported by Mark Gurman. I 100% agree that it makes sense for Apple to have a small skunkworks project exploring a deeper dive into home automation. That said, I put the probability that we see a product in the next 5 years at slimโฆ
Apple is thinking about putting two robots in your home โ but even with AI, only one would make any sense today https://t.co/ssBtJRMWkx
Apple shut down its long-rumored car project to make... robots? https://t.co/DwNYA7HQgP
There are rumors that Apple is looking to create in-home robots, now that their dreams of the Apple Car fizzled. I used Midjourney to create what I think the Apple Home Robot would look like. Which one do you like most? https://t.co/xSc9BBqmsu
The tech giant is pursuing two at-home robot projects, according to people close to the efforts: a mobile robot that can navigate around peopleโs homes, and a robotics-powered tabletop device that can move displays around. https://t.co/TvDXgGEce8