spheric

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spheric
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  • EU antitrust chief remarks about $2 billion Apple Music fine ignores Spotify dominance

    sphericspheric

    darelrex said:
    AppleInsider said:

    "[The fine is] the equivalent of 0.5% of global turnover, so obviously, this is not a fine that would sort of shake Apple as such," [Vestager] told CNBC.

    I don't think Apple is comparing the amount of this fine to its annual global revenue, but rather to its annual EU app store profits. That's not 0.5%; it's more like 130%.
    Yeah, but that can't be the yardstick. "I have a trillion dollars, and I'm using my financial clout to fuck over competitors in this tiny market that doesn't really matter much to my financials — so my punishment needs to be appropriate to the piddling amount I make with my illegal behaviour, and not enough to, you know, actually punish me." 
    williamlondonmuthuk_vanalingam

  • EU antitrust chief remarks about $2 billion Apple Music fine ignores Spotify dominance

    sphericspheric
    dmitrek said:
    Well it's good that he said that Apple is punished for the past behaviour. I think laws does not have backward power and past behaviour can not be objected.

    The antitrust legislation they violated has existed for decades.

    There is absolutely nothing retroactive here. 
    The law existed, Apple broke it, someone complained, Apple got investigated and now gets punished. 
    The end (until appeal).
    avon b7williamlondonmuthuk_vanalingam

  • Apple Vision Pro one month review: a new reality is setting in

    sphericspheric
    Rogue01 said:
    Probably explains why Cult of Mac confirmed a 76% return rate on the Vision Pro. 

    Wow. That's pretty epic media competence failure there, on your part. 

    "76% of respondents on loaded internet poll about product important enough for CEO of main competitor to make 15-minute video about it claim to be returning product they aren't verified to have purchased"

    "Confirmed", indeed. 
    muthuk_vanalingamwatto_cobra

  • European Union smacks Apple with $2 billion fine over music streaming

    sphericspheric
    Valdhor said:
    Apple can afford to make all music free to stream on Apple Music. I wonder how long Spotify would stay in business?
    How long would it take for antitrust law enforcement in the U.S., Europe, and elsewhere to put a lid on that? 

    Being able to afford giving away your services to drive competitors out of business is LITERALLY why these laws exist. 
    williamlondongatorguynubus

  • European Union smacks Apple with $2 billion fine over music streaming

    sphericspheric
    mike1 said:
    blitz1 said:

    mike1 said:
    The US should really should be targeting European companies that do significant business in the US and start finding (or making up) reasons to issue significant fines and other penalties. Every time the EU targets an American-based company, the US should do the same. Time to start putting some retaliatory pressure on the EU.
    Our market is much too important to the US.

    Our iPhones will work differently from the US iPhones. 
    We'll have more options and more freedom to choose.

    Sorry. The European market is not a major consumer of US-based products outside of food and tech. Not sure how well BMW or Daimler or Airbus or Siemens or the French wine industry would feel about being targeted in one way or another. I generally dislike the idea of tariffs as they only hurt consumers, but inflicting retaliatory pain on European companies so they begin to influence EU decisions is fair game.
    a) Europe accounts for about a QUARTER of Apple's global revenue. Not sure how you consider that "not major". 

    b) Every single European manufacturer is subject to US market regulations when they wish to sell anything there. That's how laws work. 
    gatorguynubuswilliamlondonmuthuk_vanalingam