Because it's selling big. Have to admit that's all we know about the app at this point but the big reveal is coming on the 15th. Q showed the revenue from every past sale that made it in the quarter that Steve said there was so no reason not to believe him now. Also you left out the part about the O/S is going to be reduced by 1.4 billion shares once the merger is finalized. Great company IMO.
If Ford, Chrysler and another automakers have deals in place for almost 1/2 a million something tells me ONCI has something better. Follow the money as they say $ONCI
ONCI's technology is a very sophisticated piece of hardware that is integrated into the vehicle. The tech will be an add-on feature. Not unlike when you add GPS to your new car purchase--it is integrated into the vehicle.
If that's true and they were that effective/powerful, why would major companies and dealers bother paying Steve?! You think huge businesses didn't do their homework before handing over this kind of money?! Obviously this is far superior...
News 
Market Data 
Discover 
