So are they building it or not? There is a lot of speculation out there.
From the Onion:
After dominating sales of smartphones, tablets, and other electronics, Apple is reportedly secretly designing its first car, code-named Titan. Here are some features of Apple’s rumored car:
Windshield features four times as many pixels as reality Full vertical integration with Apple Gasoline Driver prompted to sign into iCloud before each gear shift Compatible with most major roads Recommends new driving speeds based on user’s past favorites Sleek, unobtrusive airbags Cup holder Windshield cracks easily, though car typically still works fine afterward Sticker price of $85,000 drops to $199 with two-year Verizon contract Wheels turn into rainbow pinwheels whenever car stalls Lightweight but powerful enough to careen across six lanes of traffic and through guardrails of overpass Comes with couple of cool Apple stickers