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EU Approves Landmark Legislation to Regulate Apple and Other Big Tech Firms
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Who cares?! Apple will drop the pants down to the 50th one, because it’s part of the greed in their DNA.
It means NEVER YOU MIND, DON’T LOOK BEHIND THE CURTAIN, NOTHING UP MY SLEEVES, PRESTO!
It means they don’t plan to extend their absurd definition of market to those areas.
You said Europe is Apple’s second largest market. It factually is not. China is Apple’s second largest market. The Europe market includes India, Africa, and the Middle East. Not sure why. With all those together, it’s Apple’s third largest market.
Taking in consideration how fast Apple bends over for CCP I'm sure they can work something out with EU's law and avoid fines.
LoL
I said EU as in the European Union as in the Subject of this thread.
I hope you are aware EU is not the same as the continent Europe.
It just won't as much money.
It will a negligible amount of money and at most a small percentage of revenue.
And factually they've chosen to comply with Chinese law and regulation.
Valuing making money over sticking to their principles and (sometimes, it feels) the moral values they're touting themselves.
They'd better end hardware sales there as well.
This won't be well-received by stockholders - and it won't happen.
Avoiding fines is simple: Just comply with the law and regulation.
I'm sure a company and devious as Apple can figure it out.
Well, I mean outside the EU there’s no VAT… so there’s that. And, there’s international exchange rates, which isn’t really in Apple’s control either. And, it’s obviously very expensive to operate in the EU. Currently, those expenses are offset by the profits they’re able to make. The profits they’re able to make WILL change over the coming years and it remains to be seen if the lowered return will continue to be worth the effort in investment.
Either way it goes, both the EU and Apple will be fine. It’s nothing alarming, just business.
no, Apple won't do that, but, the cost of doing business in the EU will rise, and guess who will pay for that?
Again all caps?!It means NEVER YOU MIND, DON’T LOOK BEHIND THE CURTAIN, NOTHING UP MY SLEEVES, PRESTO!
It means they don’t plan to extend their absurd definition of market to those areas.
You should let some geniuses check your butterfly keyboard. 🤣
Great… so now my iPhone would be essentially exactly the same as Android. Everything you wanted was already available on Android. You have gained no choice, but taken mine away. Congratulations
Good point, I’d say for anyone trying to get to Apple’s DNA, the best way would be through the pants.
Well, I mean, they’d bend over JUST as fast for the EU IF the EU was asking for what the CCP was asking for. Unfortunately for the EU, they’re asking for control over how Apple runs their business. Which is NOT what the CCP is asking for. If I had to guess, it’s because the CCP is over one united citizenry and they understand they can maintain complacency by making sure they have their toys to play with?
Why does this come into effect this soon, yet apple has until 2024 till they are forced to add type c? Very annoying
Are you joking? Apple exiting a market of about 450 million people? For comparison, the US population is currently estimated at 335 million, so it will be a very big chunk of revenue lost.
Yes there's is, it only has other names.
Also VAT has noting to do with profitability, is a tax payed by the consumers directly.
According to what is very expensive to operate in EU? And what does that mean anyway?
Yeah for a minute I thought you will show how Apple's margins are the lowest in the EU market.
Yes, mainly because the Chinese laws and regulation aren’t telling Apple how to run their business. The EU clearly want these “gatekeeper” companies to become diminished in the EU, they may no longer want them operating in the EU. Whereas for China, it’s beneficial for them to maintain the ability for their citizens to purchase iPhones and use the App Store for some reason.
It would actually be the stockholders that would be in the position to tell them to curtail certain businesses in the EU. So, if it happened, the stockholders would of course be on board, because they would have been the ones that made the decision.
You just forgot the point that if "most" customers "flash the official iOS", it (as a platform) will be again subject to the legislation.
You just forgot that the U.K. is looking into and preparing similar legislation (as reported on macrumors).
You just forgot that customers haven been making online purchases with credit cards or PayPal for 25 years or so. Pretty trustworthy system. No basis for fearmongering.
450 million people aren’t buying iPhones, though. FAR FEWER folks in EU countries own iPhones (20% or below). Apple’s business there is currently growing, but China is growing far faster.
The claim isn't based in reality.
They just want them to give more access to competitors and other businesses. That's it.
Making lots of money in Europe beats making little to money in Europe.
That's why they won't leave.
It’s just trash talk and personal opinions without a backing 😁
LoL, CCP wanted to sit in Apple's chair and the got just that.
This is funny one, anyway it's great to see that "Apple's way of doing business" can align with the habits an authoritarian regime. Really great.