Isn't this the psycho that was trumping up Hilary?
sheesh. Does she ever speak with actual facts? Or is she only capable of making stuff up to fuel. Mob mentality, taking advantage of easily confused issues.
So in her opinion, a company that WAS "the little guy" played by the rules and created an ecosystem from nothing that people would buy into and provided satisfaction and security to consumers... Is now somehow "wrong."
good going lady. Now please GET going. And don't come back.
P I agree she's wrong on this but calling anyone psycho considering the shit you post is beyond irony.
This is just the nature of any business producing a sophisticated product that is the result of many years of R & D with billions of dollars invested in that R & D. The same could certainly be said of the companies that make airplanes. No small business can just start making commercial passenger planes or fighter jets, even with a small team of very smart engineers and several million dollars of capital. Not even close. But maybe they can make an innovative component that the big companies will buy.
I used to think Warren was the great progressive promise but she has lost me completely. First, she trots around with Killary, one of the worst and most sinister net-liberals since Slick Willie, and now she targets Apple as if she had any idea about the complex antitrust issue she is talking about. I've been an antitrust lawyer for over 30 years, and it is fundamental to the free enterprise system that if you become a dominant competitor through investment and innovation, you reap the rewards. Exclusionary conduct, abuse of monopoly power, is a very complex and difficult concept and difficult to prove. As a general matter, Apple's restrictions that she cites appear intended to protect the ecosystem Apple built. It can be harsh on potential competitors, but unless Apple's conduct cannot be justified as competitive, and is shown to be unnecessarily exclusionary, it is untouchable, and should be. Apple came out of nowhere to be the dominant player in phones, tablets, music and related apps. It's product and brand is fundamentally based on a tight ecosystem and quality that it controls to generate and retain its competitive edge. Warren is looking more and more like a neo-liberal and less and less like a progressive. Goodbye Killary and EW!
No one is correct all the time, and here, for a change, Warren is dead wrong.
And not only is she wrong, her examples are ass backwards and are in fact positives, not negatives, for a mercantile world.
Apple saved consumers money with the iTunes store -- no longer a need to buy albums, tracks available instead. And, yeah, 30% cuts are a lot. On the other hand, Apple created something from nothing -- the iOS App Store. And it’s in turn huge because Apple developed attractive, popular devices.
Apple develops the hardware (iPhone), runs and maintains the infrastructure, payments, and logistics so that asshats like Spotify doesn't have to do it, and they Spotify complains that the 30% fee is too much. Spotify is more than welcome to go out and develop their own fucking ecosystem and phone if they want.
Which brings up the question, why doesn't Spotify come out with a hardware device the size of an iPod and make it do one thing, and one thing only, stream Spotify. Sell it for a hundred bucks and reap 100% of the profit from said streaming subscriptions. Done.
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I agree she's wrong on this but calling anyone psycho considering the shit you post is beyond irony.