Gene MunsterThe Rest of the Auto Industry Is in TroubleJune quarter deliveries are further evidence that Tesla has the auto industry backed into a corner. It’s becoming more and more difficult to envision a scenario in which legacy automakers will find a way to meaningful expand the small share…Read more Tesla
Gene MunsterLyft & Uber’s Autonomous Catch-22We’re updating our expectations on the timing of the initial availability of level 5 autonomy. Previously, we expected full autonomy to see limited availability between 2022 and 2025. We now expect most AV players to have limited availability of level…Read more Autonomous Vehicles, Lyft, Uber
Gene Munster, Andrew MurphyAdvancing What Only Apple Can DoApple’s WWDC20 event featured the typical annual software updates, disappointingly in-line with expectations. A closer look, however, makes it clear that the company is advancing capabilities within its ecosystem that only Apple can do. Apple is expanding the depth and…Read more Apple
Gene MunsterNew Competition Poses Limited Risk to Tesla’s US MarketshareTesla is now the world’s most valuable auto company. With a market cap of $185 billion Tesla edges slightly above Toyota’s $177 billion valuation, based in part on the company’s dominant market share of EVs in the US (about 80%). …Read more Autonomous Vehicles, Tesla
Gene MunsterBatteries Are a Big Deal, and Tesla Has an AdvantageSometime this year Tesla will host a Battery Day event, which has been postponed due to Covid-19. The battery is one of the four foundations for building the car of the future, along with the motor, the autonomous system, and…Read more Tesla
Gene MunsterWWDC20: Advancing Apple’s MissionApple has risen to the challenge of COVID-19 making WWDC 2020, which kicks off on Mon. June 22, entirely virtual and entirely free. Now, the company has an even more profound opportunity to double down on inclusivity. In our view,…Read more Apple
Gene MunsterApple’s Supply Chain Appears Back on TrackWhile interpreting lead times is not a science, it still provides useful insights. We’ve been tracking lead times of iPhones and AirPods in 13 countries since mid-February 2020. As of mid-June, Apple’s supply chain and production appears to have returned…Read more Apple, Themes
Doug Clinton, Steve Van SlounWhy Gaming Companies Should Be Valued Like SaaS CompaniesAs AAA games evolve from their legacy retail sales model to something that more closely resembles a SaaS business, gaming multiples still lag far behind. This is a long-term positive for gaming investors, as the industry should see multiple expansion…Read more Gaming
Gene Munster5G Will Live up to the Hype, Apple Will CapitalizeWe expect it to take wireless carriers another two to three years to build out 5G coverage. At that point, Apple is set to capitalize on a massive wave of 5G-related tech spending. In our view, Apple is the best…Read more Apple
Gene Munster, Andrew MurphyApple’s Design AdvantageAs the iPod went mainstream, Apple’s EarPods became a fashion symbol in subways, gyms and on sidewalks around the world. EarPods were a visible sign of Apple’s growing influence in the early 2000s. We even ran an informal survey on…Read more Apple, Wearables
