$Apple(AAPL)$ $Tesla Motors(TS

$AAPL decision to scuttle EV ambitions is the right move.

Tim Cook has been to China many times and knows the kind of competition his company will face apart from $TSLA.

He also knows the industry can go through price wars even Tesla is not immune to. Apple doesn’t do price wars.

He probably also knows that if you aren’t capable or don’t have a plan to beat Tesla, there’s no point wasting billions trying.

The money is better spent on products within Apple’s core competence. I’m just not sure they’re there yet with #VisionPro.

Tim Cook Visits China: A Good Signal or Not?

Tim Cook has been in China for the past five days. The significance of Cook's visit to China is crucial. In the fourth quarter of last year, Apple's revenue and profit grew both . But Greater China revenue fell 13% year-on-year, becoming the only large regional market to decline in the quarter. --------------------- How do you view Apple's business in China? Is Cook's visit represent a good signal? If Apple drops to 165, would you consider buying the dip?

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