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Apple’s Social Network

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Re: Apple’s Social Network

#91
post #14
post #9

Earlier quoted context omitted.

It doesn't matter what the market share is. As long as their margins are hefty and iOS remains the OS where consumers are willing to pay for apps etc. You don't need market share, if your margins are sky high.

They do need a significant market share (which they clearly have at >1 billion active devices) to make it worthwhile for content creators to target their platforms and users.

[deleted]

Re: Apple’s Social Network

#93

If you are a developer with a SaaS business, be very afraid. Apple is going to do everything possible to collect a 30% tax on your business to fix their growth problem. It’s ironic, really. The company that mastered tax evasion is about to become the world’s most determined tax collector.

Or you can just distribute the apps without using the platform's payment processor. No one says you have to use Apple's payment processor. Direct users to sign up on your website and then have them download the apps free of charge. Btw; So does Google and Microsoft. They all take a cut of every app sale. The difference is the rate they take out. Oh, for Apple, it's 30% the first year of the sub only, it goes down to…

> No one says you have to use Apple's payment processor. Direct users to sign up on your website and then have them download the apps free of charge.

Apple has removed apps from the App Store for doing this [1]. You have to provide an in-app subscription option that gives Apple the 30%/15% cut.

[1] https://changemap.co/hellocode/exist/task/1855-apple-blockin...

Re: Apple’s Social Network

#94

Earlier quoted context omitted.

Yes. Units sold is down across the market and Apple is no exception, but Apple’s revenue is at record highs.

Okay, thanks. So in the end, when a consumer wants to replace his iphone 6s that is finally too much out of date he'll have to pay more than if everyone (him included) had bought the iphone that came after the iphone 6s, right ? So basically selling a product that last too long is a problem for Apple (who has to report to shareholders why revenue is growing less than before) and the consumers (who pays basically more…

That all sounds about right.

Re: Apple’s Social Network

#95
post #71

I don’t think he mentioned it, but the easy way for Apple to grow to a $2T company is to get my household, a typical locked-in Apple household with an iPad or iPhone for every person and a computer for each adult and an AppleTV at every TV, to start paying for ever more services through those Apple devices. TV service. Ubiquitous internet service. Financial services like payments but grow into banking. manage all my…

I completely agree. Apple needs to move into full banking. Mint, 401k Management, Bill Pay, TAXES, Yahoo Finance, Student Loans, the old Manilla (collecting ALL aggregate statements in one place forever.) They should buy Schwab, Envestnet, Personal Capital, YNAB, and Motif and slap a Robinhood/Monzo coat of paint on a new frontend. They could go from Apple Pay to Best Banking Experience in the World, in no time. As f…

I think becoming a bank was a big hassle and being a bank is less profitable than core Microsoft or Google activity. Having said that, PSD2 regulation in EU might change all of this - any institution will be able to do banking operations on behalf of the customer. There are some requirement too, but the bar is significantly lowered.

Re: Apple’s Social Network

#96
post #71

I don’t think he mentioned it, but the easy way for Apple to grow to a $2T company is to get my household, a typical locked-in Apple household with an iPad or iPhone for every person and a computer for each adult and an AppleTV at every TV, to start paying for ever more services through those Apple devices. TV service. Ubiquitous internet service. Financial services like payments but grow into banking. manage all my…

I completely agree. Apple needs to move into full banking. Mint, 401k Management, Bill Pay, TAXES, Yahoo Finance, Student Loans, the old Manilla (collecting ALL aggregate statements in one place forever.) They should buy Schwab, Envestnet, Personal Capital, YNAB, and Motif and slap a Robinhood/Monzo coat of paint on a new frontend. They could go from Apple Pay to Best Banking Experience in the World, in no time. As f…

> I ALSO think SOMEONE should come up with a "financial ID." Instead of signing into banking sites with "Facebook" or "Google" each one has its own unique login, password, security questions, validation. One Financial ID, isolated from Social IDs could drastically cut down on phishing, hacking etc. Smaller institutions would not be running their own Identity/Trust silos in isolation. Resources to build trust over who is who could be shared. Intuit has something like that for their services, but it really needs to be a Chase/WF/BoA effort like Zelle. "Sign in with your Pony ID"

We do have those in (some parts of) Europe. BankID in Sweden comes to mind.

Re: Apple’s Social Network

#97

I don’t think he mentioned it, but the easy way for Apple to grow to a $2T company is to get my household, a typical locked-in Apple household with an iPad or iPhone for every person and a computer for each adult and an AppleTV at every TV, to start paying for ever more services through those Apple devices. TV service. Ubiquitous internet service. Financial services like payments but grow into banking. manage all my…

As a parent, I would like to see a better offering of cloud backup for photos and videos. The space on newer IPhones keeps growing with each release. I use something like backblaze on a central computer at $5 a month for unlimited backup. I would like to see Apple compete a little more on this end.

Re: Apple’s Social Network

#98
post #86

I appreciate that Ben took the time to read between the lines of what Apple has been saying, to tease out how Apple is thinking about Apple. It's clear that's why he has a successful business. This article made me stop and think about Apple's future, and to be honest, the future of computing. I think it is clear that in 10 years mobile computing has reached maturity (which is astounding). There is no broad use-case a…

> and that they see the investments that they are making in performance will pay off greatly in the coming years, because suddenly our phone will be more powerful than our desktop. The only way I can see that happening is if people stop upgrading their desktops for years and years AND phones are able to make steady performance improvements AND people don't stop upgrading their phones regularly. Larger form factors (b…

I agree with all of this. I'm not arguing that laptops and desktops will disappear. But, when people are deciding what to spend money on, I think laptops and desktops will become increasingly marginalized and niche. Also, I think that it very well might be the case that Apple can deliver performance parity compared to larger form factors. The latest iPad Pro is an indication of where iPhones will be in a year. The new iPad rivals the MacBook Pro 2018 in CPU benchmarks [0]. Now that they are designing their own GPUs, I expect the gap to continue to close.

Why would a consumer spend $1500 on a laptop that they use 1-2 hours a day, compared to a phone they use 8 hours a day and is always with them? I'd argue that we are already at the point where most consumers aren't even at the point of considering traditional "computers" in their decisions.

You touch on a good point about software. I think it is the biggest current stumbling block. It is currently the case that desktops and laptops offer significant workflow advantages over mobile devices, even for consumers.

[0] - https://browser.geekbench.com/v4/cpu/10567048

Re: Apple’s Social Network

#99

Earlier quoted context omitted.

I think an Apple (read integrated, user friendly) solution to internet of things could be more imminent, and interesting. One of the draw back of the current solution for IoT is connecting different eco systems, such as GE light bulb to Amazon Echo. If apple have a solution that is elegant and 'just works', i'd be interested in that

Apple already has a smart home initiative; what am I missing? There were early complaints that Apple was making too many demands on manufacturers with regards to security, but given the utter shitshow that is IoT these days, it sure seems like it was a good idea.

No missing anything :) Didn't know they already have one.

Re: Apple’s Social Network

#100
post #71

Earlier quoted context omitted.

I completely agree. Apple needs to move into full banking. Mint, 401k Management, Bill Pay, TAXES, Yahoo Finance, Student Loans, the old Manilla (collecting ALL aggregate statements in one place forever.) They should buy Schwab, Envestnet, Personal Capital, YNAB, and Motif and slap a Robinhood/Monzo coat of paint on a new frontend. They could go from Apple Pay to Best Banking Experience in the World, in no time. As f…

> I ALSO think SOMEONE should come up with a "financial ID." Instead of signing into banking sites with "Facebook" or "Google" each one has its own unique login, password, security questions, validation. One Financial ID, isolated from Social IDs could drastically cut down on phishing, hacking etc. Smaller institutions would not be running their own Identity/Trust silos in isolation. Resources to build trust over who…

I have never had a bank that allowed you to log in with social media accounts. Which one(s) have you seen with this?
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