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Can an Apple-Tesla iCar be next?

Tuesday, Feb 18, 2014 - 01:06

Feb 18 - Apple is reportedly considering getting into electric cars and medical devices as sales of smartphones and tablets begin to slow. Fred Katayama reports.

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Like its old ad slogan, Apple may be really thinking different --- thinking about even cars and heart monitors. The San Francisco Chronicle reports that Apple's M&A chief met with Tesla CEO Elon Musk last spring at Apple's headquarters. Citing a source, it says the meeting suggests Apple was interested in buying the electronic car maker - a topic widely rumored among investors. It speculates a partnership between the two could produce an Apple touchscreen on Tesla's dashboards. And Apple's looking at making medical inroads as well. The Chronicle says Apple is looking into mobile applications that could predict heart attacks by identifying the sound blood makes as it moves through a clogged artery. Investors hearting that news. Tesla's stock continued its mercurial climb, rising sharply at the start of trade. Apple, which is down slightly this year, was trading higher. If the report proves true, Apple is thinking well beyond the rumored iWatches and iTVs as sales of smartphones and tablets start to slow.

Can an Apple-Tesla iCar be next?

Tuesday, Feb 18, 2014 - 01:06

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