Apple is next, says guy, worse than Google (video)

14 Comments

  1. Jerry Doyle said:
    He never says why Apple has a monopoly. He just utters the statement as if it is fact without supporting evidence. He says Developers are “forced” into the arrangement. Say what?

    7
    July 12, 2021
  2. Greg Lippert said:
    Just cause you say something doesn’t make it true. That CNBC gives them a voice is a disgrace.

    2
    July 12, 2021
  3. Fred Stein said:
    IAC appears to be a portfolio of Internet / App software companies. Most likely they bought software assets that were good but never achieved a break-out. IAC is purely a financial thing, no vision. Joey just wants to lower his cost of sales.

    Example: IAC acquired Angie’s list for $500M in May 2017. Angie’s list was founded in 1995.

    3
    July 12, 2021
  4. Daniel Epstein said:
    I would say even very bright people can know very little about how things work or what certain words mean. Monopoly can be said but few know what that means in different situations financially. Fees are exorbitant compared to what? The App Store is not just a place to process payments. But that is how IAC wants to frame it. Of course if the Boss (Barry Diller) says something in public it is probably wise for your job safety to agree with him. IAC would love to lower their expenses so they have a direct interest in getting Apple to cut its fees. Why not say anything that might lead to that? I doubt they would give any of the reduced cut to the public unless the competition forced them.

    0
    July 12, 2021
  5. Michael Goldfeder said:
    So Joey is somewhere between a marionette and a parrot. His answers are equally inapt. Part of the idiotic Apple lyrics being proffered about fees being exorbitant that all of these folks keep repeating like zombies is beyond stale and tired.

    I’m waiting for CNBC to put on the CEO from Costco, Wal Mart, Kroger, and Albertsons to ask them about the fees manufacturers have to pay to be on display inside their stores ?

    This antitrust contention is 180 degrees opposite of what the railroads were doing back in the day. In reality everyone wants access to Apple’s customers for free! It’s that simple!

    6
    July 12, 2021
  6. Gregg Thurman said:
    The number of “opportunists” dropping from the sky is unreal. The saving grace of all these “newsworthy” interviews is that nothing is being proffered to support the claims. To me there’s the real news.

    2
    July 12, 2021
  7. Kirk DeBernardi said:
    “Joey who?”

    Let’s leave it at that.

    0
    July 12, 2021
  8. Bart Yee said:
    It’s no surprise to me that Diller/Levin have the same message and same desire, cut out the costs of doing business. Diller bought and sold different entertainment (starting via a family connection at the mailroom of William Morris after dropping out of UCLA after 3 weeks, then on to Paramount, Fox, QVC/HSN , USA Network including WWF programming, then IAC) and moving on to internet based businesses (Expedia, Match, Vimeo) etc. he has bought and sold and exited many companies when it suited him. There’s no doubt he’s smart, a billionaire, and “astute” businessman, along with philanthropy.

    BUT, IMO, he’s always been in the short term business, and it’s his job to cut costs, gain advantages, and play his power game. So IMO, he wants a discount for his businesses and Apps. Specifically from the mobile hardware platform that maybe has usurped his online PC sales.

    Too bad. Do what others have done, just go to Android, and maybe even console / game makers. All those high techie young males spend money too, don’t they?

    1
    July 12, 2021
  9. Gregg Thurman said:
    Today, in another anti-trust suit, this one brought by Blix, the court ruled in Apple’s favor.

    Blix is one of the founders of Coalition for App Fairness. Other founders include Epix and Spotify, among others.

    2
    July 13, 2021
    • Gregg, Blix suit was about Sign In with Apple requirement. App developers can include other sign-in options but must offer Apple sign-in option. Judge could find no harm being done. This is a piece of Epic’s argument, I suspect the judge will consider this decision in her ruling.

      1
      July 13, 2021

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