Apple vs. Epic: Gene Munster and his partners lay wagers on the outcome (video)

Munster and Andrew Murphy bet that Apple wins Round 1. Doug Clinton took Epic. Side bet on how big a hit AAPL takes if it loses.

My take: Give Loup TV 22 minutes and they’ll fill you in. Audio streaming of the case begins Monday May 3. Whatever the judge’s decision, it will get appealed.

6 Comments

  1. Michael Goldfeder said:
    Epic is trying to step into the shoes of the Department of Justice and bring an action that’s best reserved for the federal government to initiate. Just like their absurd attempts to get North Dakota and Arizona to pass legislation that’s in direct violation of the US Constitution Right to Contract under Article 1 Section 10 that states in pertinent part; No state shall pass any law impairing the obligation of contracts.

    Epic is on a PR campaign to bring about change because they’re extremely arrogant and want a free ride on the App Store.

    8
    April 24, 2021
  2. Fred Stein said:
    Great fun, Thanks.

    Taking Gene’s narrative that Epic pursued their strategy because Apple did not budge on price, what is the way forward?

    If the decision is Apple must open iOS to 3rd party virtual goods market places, then what is a fair rent for the space on iOS? Who sets that rate? Will we see a “PUC” for iOS and Android and NOT for any other virtual goods platforms? Who ensures the safety of these open market places? (Safety includes privacy, security, preventing stalking, scammers, extortion, copy-cat Apps, and more.)

    8
    April 24, 2021
  3. Thomas Larkin said:
    The third possible outcome is, this settles out of court at some point (including after trial with a pending appeal). Side bet, what are the terms of the settlement?

    1
    April 24, 2021
    • Gregg Thurman said:
      Not going to happen. A settlement initiate an avalanche of other suits, each wanting the same deal that Epic got.

      4
      April 24, 2021
  4. Troy Thoman said:
    There is no way the Epic wins. Think about Amazon and even Walmart’s online market where they pay a percentage to be “on” the store. Now I guess I could see Epic making headway in allowing payment for subscriptions outside of the store, but if an app is free and the subscription is allowed outside of the store, then how does the download of the app bandwidth, etc get paid for? When I had apps on the store, I felt 30% to be fair. How much profit does the app store give them vs if they were to have physical software inside of BestBuy in a box?

    3
    April 24, 2021

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