My feeling is that no one is forcing them to use the App Store. If they don’t want to comply with the terms, stick to Android and PCs. Apple may be large, but they are definitely NOT a monopoly. Epic has options for selling their products.
And they asked for 50% off their rent in the UK during the corona crisis. Nice.
Just like all the other retailers. Many were asking for year long rent holidays.
If all the people renting your properties ask for discounts it is harder for the landlord to say no. If one prominent renter does not join in, then it is far easier to get a resounding 'No'.
Wait, I thought Tim Cook was trash and Apple is doomed? That's what we've been hearing from Op-Eds every single day since SJ's departure. Hey, there's always next quarter!
A long way to go before they’re in Dutch East India Co. territory (about $7 trillion valuation), but it’s a start.
Groan, here we go again, with an utterly bogus valuation comparison.
Btw, the guy that invented wheel is worth 700 billion trillion in today’s dollars, so please stop.
Except that the guy that invented the wheel didn’t start a company with publicly traded shares. The Dutch East India Co. was the first company that did (in 1602). And that did so for almost 200 years.
Wander how many trillions Apple will be worth 150 years from now... 😄
A long way to go before they’re in Dutch East India Co. territory (about $7 trillion valuation), but it’s a start.
Groan, here we go again, with an utterly bogus valuation comparison.
Btw, the guy that invented wheel is worth 700 billion trillion in today’s dollars, so please stop.
Dude, lighten up. They don’t exist today. It was a joke.
It's because back when Apple first hit a trillion iKnockoff users were spreading that crap like wild fire and saying Apple sucked because of it. It's hard to tell when someone is serious nowadays because of all the ridiculous people among us.
A long way to go before they’re in Dutch East India Co. territory (about $7 trillion valuation), but it’s a start.
Groan, here we go again, with an utterly bogus valuation comparison.
Btw, the guy that invented wheel is worth 700 billion trillion in today’s dollars, so please stop.
Except that the guy that invented the wheel didn’t start a company with publicly traded shares. The Dutch East India Co. was the first company that did (in 1602). And that did so for almost 200 years.
Wander how many trillions Apple will be worth 150 years from now... ߘ䦬t;/div>
It’s also instructive for the anti-monopoly crowd to note that this company was yet another artificial monopoly, thanks to the involvement of government.
Monopolies do not and cannot exist in free markets. They require the force and interference of government and the law to gain their unbeatable advantages.
It would be nice if they could double again in the next 3 years That’s my target lol
In terms of the Epic shenanigans I feel that the worst case scenario is that the courts allow Fortnite back in the app-store as long as it adheres to the agreement until any final courts decisions. So worst case Apple keep making money from Fortnite purchases... I get the feeling Epic wouldn’t put the app back though, they’d rather cut off their own nose is my guess.
Apple should use that money to fund their own game studio. It's sad Apple has the biggest gamin store in the world yet serious gamers don't take it serious.
I am thinking now is the time to trim just a little. I’ve read Epic’s motion for temporary restraining order and I found the hearing on the calendar for next Monday with Edward Chen. I researched the judge and feel like there is a strong chance Epic secures injunctive relief at least until they lose in the end, which could take ages. In the meantime, they’ll be allowed to violate their developer agreement all they want and there’s nothing Apple can do about it.
There isn't any need for injunctive relief, nor a temporary restraining order, as Apple has only asked that Epic meet its responsibilities as a developer, and requirements for inclusion in the store. Epic could easily meet those requirements without impacting the lawsuits.
Epic did all of this "grandstanding" to gain attention. That happened, and from here on, it will be all legal decisions and regulatory solutions, not opinions of the tech community.
Hope you guys are right, as AAPL is 100% of my portfolio, but if you read the 40 page court filing (https://cdn2.unrealengine.com/epic-v-apple-8-17-20-768927327.pdf - pages 18-32 specifically) and consider the judge hearing the motion, which is being heard in the liberal 9th circuit, the bar / burden is quite low for the temporary injunction to be granted. That aside, many are calling for a 10% broad market pullback this week on CNBC. I am going to buy some more in-the-money LEAP calls if that happens. Long AAPL!
And they asked for 50% off their rent in the UK during the corona crisis. Nice.
I'm sure, when gas prices go down, some people insist on paying the high prices based on $150/bbl oil. I'm glad, as an AAPL shareholder that Apple isn't one of them.
A long way to go before they’re in Dutch East India Co. territory (about $7 trillion valuation), but it’s a start.
Groan, here we go again, with an utterly bogus valuation comparison.
Btw, the guy that invented wheel is worth 700 billion trillion in today’s dollars, so please stop.
Dude, lighten up. They don’t exist today. It was a joke.
It's because back when Apple first hit a trillion iKnockoff users were spreading that crap like wild fire and saying Apple sucked because of it. It's hard to tell when someone is serious nowadays because of all the ridiculous people among us.
As a ridiculous person, I find that comment offensive.
A long way to go before they’re in Dutch East India Co. territory (about $7 trillion valuation), but it’s a start.
Groan, here we go again, with an utterly bogus valuation comparison.
Btw, the guy that invented wheel is worth 700 billion trillion in today’s dollars, so please stop.
Dude, lighten up. They don’t exist today. It was a joke.
It's because back when Apple first hit a trillion iKnockoff users were spreading that crap like wild fire and saying Apple sucked because of it. It's hard to tell when someone is serious nowadays because of all the ridiculous people among us.
As a ridiculous person, I find that comment offensive.
I am thinking now is the time to trim just a little. I’ve read Epic’s motion for temporary restraining order and I found the hearing on the calendar for next Monday with Edward Chen. I researched the judge and feel like there is a strong chance Epic secures injunctive relief at least until they lose in the end, which could take ages. In the meantime, they’ll be allowed to violate their developer agreement all they want and there’s nothing Apple can do about it.
There isn't any need for injunctive relief, nor a temporary restraining order, as Apple has only asked that Epic meet its responsibilities as a developer, and requirements for inclusion in the store. Epic could easily meet those requirements without impacting the lawsuits.
Epic did all of this "grandstanding" to gain attention. That happened, and from here on, it will be all legal decisions and regulatory solutions, not opinions of the tech community.
Hope you guys are right, as AAPL is 100% of my portfolio, but if you read the 40 page court filing (https://cdn2.unrealengine.com/epic-v-apple-8-17-20-768927327.pdf - pages 18-32 specifically) and consider the judge hearing the motion, which is being heard in the liberal 9th circuit, the bar / burden is quite low for the temporary injunction to be granted. That aside, many are calling for a 10% broad market pullback this week on CNBC. I am going to buy some more in-the-money LEAP calls if that happens. Long AAPL!
In that case, you absolutely should "trim" a little. Diversification is your friend. So maybe 90% AAPL and 10% index funds ;-)
I am thinking now is the time to trim just a little. I’ve read Epic’s motion for temporary restraining order and I found the hearing on the calendar for next Monday with Edward Chen. I researched the judge and feel like there is a strong chance Epic secures injunctive relief at least until they lose in the end, which could take ages. In the meantime, they’ll be allowed to violate their developer agreement all they want and there’s nothing Apple can do about it.
There isn't any need for injunctive relief, nor a temporary restraining order, as Apple has only asked that Epic meet its responsibilities as a developer, and requirements for inclusion in the store. Epic could easily meet those requirements without impacting the lawsuits.
Epic did all of this "grandstanding" to gain attention. That happened, and from here on, it will be all legal decisions and regulatory solutions, not opinions of the tech community.
Hope you guys are right, as AAPL is 100% of my portfolio, but if you read the 40 page court filing (https://cdn2.unrealengine.com/epic-v-apple-8-17-20-768927327.pdf - pages 18-32 specifically) and consider the judge hearing the motion, which is being heard in the liberal 9th circuit, the bar / burden is quite low for the temporary injunction to be granted. That aside, many are calling for a 10% broad market pullback this week on CNBC. I am going to buy some more in-the-money LEAP calls if that happens. Long AAPL!
In that case, you absolutely should "trim" a little. Diversification is your friend. So maybe 90% AAPL and 10% index funds ;-)
Yes yes, I’ve been told that my whole life, hasn’t worked out too terribly for me. I’ve sold as much as I can until the next tax year comes around.
They should award Epic 25% of their market value because isn’t fair that valuation and I am sure Epic worked closely with Steve and Tim to get (1997 Apple) to (2-Trillion Apple). /s
A long way to go before they’re in Dutch East India Co. territory (about $7 trillion valuation), but it’s a start.
Groan, here we go again, with an utterly bogus valuation comparison.
Btw, the guy that invented wheel is worth 700 billion trillion in today’s dollars, so please stop.
While it may be a bit of a stretch to accurately calculate several hundred years worth of inflation coupled with multiple currency fluctuations, the Dutch East India Company was a massive powerhouse that bent the will of kingdoms the world over.
Apple is big and powerful. But it’s nowhere near as big and powerful as the Dutch East India Company was back then. Lacking a better metric, the valuation comparison stands IMO.
Comments
https://en.m.wikipedia.org/wiki/Dutch_East_India_Company
It's because back when Apple first hit a trillion iKnockoff users were spreading that crap like wild fire and saying Apple sucked because of it. It's hard to tell when someone is serious nowadays because of all the ridiculous people among us.
Apple should use that money to fund their own game studio. It's sad Apple has the biggest gamin store in the world yet serious gamers don't take it serious.
As a ridiculous person, I find that comment offensive.
Apple is big and powerful. But it’s nowhere near as big and powerful as the Dutch East India Company was back then. Lacking a better metric, the valuation comparison stands IMO.