|Bid||49.93 x 14100|
|Ask||49.95 x 12000|
|Day's range||48.42 - 50.20|
|52-week range||28.28 - 70.66|
|Beta (5Y monthly)||1.62|
|PE ratio (TTM)||9.00|
|Earnings date||10 Nov 2020|
|Forward dividend & yield||2.21 (4.46%)|
|Ex-dividend date||05 Oct 2020|
|1y target est||N/A|
Luxury carmaker Porsche (OTC: POAHY) is deepening its partnership with Apple (NASDAQ: AAPL). After successfully integrating Apple Music into its all-electric Taycan sedan last year, the company has announced it will offer full integration of Apple Podcasts into the Taycan's touchscreen display. As touchscreen control pads become more commonplace in automobile cockpits, car companies are no longer forced to require customers to plug their smartphones into the car to access popular features.
There are multiple ways to get there, and Porsche is looking at synthetic fuels as a potential path. If produced using renewable energy, they can help vehicles powered by internal combustion engines (ICE) become more sustainable before the end of their life. Earlier this week, Porsche AG's Detlev von Platen spoke to this alternative fuel at TechCrunch Sessions: Mobility.
Before his current role, he led Porsche North America, where he oversaw incredible growth. Porsche is in a curious position. As part of the Volkswagen family, Porsche has the manufacturing might of a giant, but a niche brand's narrow focus.