Once the beacon of inventiveness, Apple now has a contender in the realm of odd patents – Ford. Dubbed the “Apple of cars” for its eccentric patents, the automaker has recently raised eyebrows with its latest creation: holographic guard dogs and cops protecting vehicles. The sheer audacity of this concept led to a share price dip of over 4% during Tuesday’s trading session.
Ford’s patent showcases a revolutionary idea – “multiple integrated holographic camera modules” that would generate “moveable and interactive holograms” both inside and outside a vehicle. While the feasibility of such a product remains uncertain, the notion of potential thieves being confronted by snarling holographic dogs may give one pause.
However, a thorny issue looms with this innovative security system – liability. If a holographic dog startles someone, causing them to run and potentially injure themselves, who bears the responsibility for resultant medical bills? Moreover, if a thief manages to evade the holographic deterrent, how long until they dismiss the threat and strike again?
Assessing Ford’s Investment Potential
Delving into the financial arena, Wall Street showcases a mixed sentiment toward F stock. With five Buy ratings, nine Holds, and a solitary Sell issued in the past three months, analysts offer a Moderate Buy consensus. Despite a 10.26% decline in share price over the last year, the average F price target of $13.75 per share suggests a promising 33.82% upside potential.
