Tim Higgins at Bloomberg:
Dan Akerson, retired chief executive officer of General Motors Co., said Apple Inc. should steer clear of the business of making cars, though a push into automobile electronics would be a better move for the iPhone maker.
[…]
“I think somebody is kind of trying to cough up a hairball here,” Akerson said in a telephone interview. “If I were an Apple shareholder, I wouldn’t be very happy. I would be highly suspect of the long-term prospect of getting into a low-margin, heavy-manufacturing” business.
Where have I heard this type of thinking before? Oh, I remember.