Why Apple is making a car

REUTERS/Robert Galbraith Apple CEO Tim Cook speaks during a presentation at A Apple is exploring development of its own car, according to multiple reports.  CEO Tim Cook approved development a year ago, according to Daisuke Wakabayashi and Mike Ramsey at The Wall Street Journal. Steve Zadesky, an Apple VP, has permission to hire 1,000 people to build an electric car. This is fairly stunning news.  Apple makes high-margin computers that are replaced every 2-5 years. When people buy a car, they