Apple’s much-talked-about upcoming car has reportedly faced yet another setback. Reputable analyst Ming-Chi Kuo released a new note, saying the development has lost direction and a major reorganization might be needed to get it back on track. Codenamed Project Titan, Apple’s aspiration to create an electric vehicle may not lead to a result in the next years, the analyst believes. Yes, that’s plural. Kuo further suggests Tim Cook needs to splurge on a series of acquisitions that will give him the missing pieces to get the whole thing back on track. The development of the Apple Car seems… More…