Muzzled. Spotify is nearly $1 billion in the red even with an IPO and a $270/share current price tag and an absurdly inflated $53.23B evaluation with a P/E of - (meaning they are in the RED).
Spotify brings nothing to the table. Apple created the subscription Podcast industry via Steve Jobs in 2005 providing the first global revenue service, made the first truly viable Streaming Audio Music service that pleased global music production houses and now we have a company that is valued at over $53 billion and yet continues to operate further and further into the RED.
That mismanagement has nothing to do with Apple blocking them. The only thing keeping Spotify not being further in debt is their investments in other stocks/funds to offset their losses and prop up their assets.
Apple investing heavier into Sports Broadcasting, Film, Television series and Documentaries will only more than offset this $2 billion fine.
Apple is ramping up investments anywhere from $10-$20 billion annually in AI server gear [and not the vast bulk of it, if any at all, will be with Team Green], along side expanded investments in AI for on-device Neural Processing to interact with IoT across every hop of the Internet.
The next frontier of Networks deals with the stuff from AMD Pensando, Nokia, Palo Alto Networks and more must all be factored in those plans.
Stuff like the following Apple will have deeply connected interest in with collaborations seeing as 5G, but more importantly 6G requires patent access rights and licensing from Nokia, Vodafone, Ericsson and Samsung, etc.,
Explore AMD Blogs for the latest news, product information, technical deep-dives, and insights from the innovators advancing the future of computing.
community.amd.com
While Nvidia is currently booming in their neck of the woods, most AI will be living in trafficking data safely, with low latency around the globe and across distributed and redundant back end cloud services for heavy computation and efficient throughput outcomes.
There is a reason AMD spent over $45 billion buying Pensando and Xilinx. It wasn't to catch up but to skate to where the puck will be. Apple never publicly announces large purchases from vendors for backend services. They never will. They just quietly keep purchasing and upgrading their entire iCloud global services.
Streaming Networks the world over, to billions of devices will need end-to-end AI to keep those services running smoothly. Apple will partner with industry leaders in networking to make sure their end-to-end user experience remains the best.
Stuff like this from Nokia is just beginning to roll out in 2024.
Put 5G mmWave to work for your Fixed Wireless Access broadband service
www.nokia.com
These will be all over large metropolitan areas including down to mid-size cities.
This ‘fine' gets fans of Spotify orgasmic but it's like a rain drop to the bigger picture.
