21–30 of 975 posts
Earlier quoted context omitted.
Apple does not have a monopoly dominant position. In my country I think they are like 10% of the market. You can't abuse your dominant position if you don't have one.
In my country, iOS are more than 50% of the market. I haven't been able to find any EU-wide numbers though, which are the important ones in this case.
It gets much worse depending on the country:
europe is just jealous of america's success... For the record volkswagen only paid 1.2 bn to germany for its emissions scam https://www.nytimes.com/2018/06/13/business/volkswagen-emiss...
Earlier quoted context omitted.
Apple does not have a monopoly dominant position. In my country I think they are like 10% of the market. You can't abuse your dominant position if you don't have one.
In my country, iOS are more than 50% of the market. I haven't been able to find any EU-wide numbers though, which are the important ones in this case.
http://europa.eu/rapid/press-release_IP-16-1492_en.htm (fifth paragraph)
But for this case, they are using a definition that makes Android even more dominant: they allege that Google restricts device manufacturers' freedoms. And from a device manufacturer point of view, Android has a 90+% market share of "licensable smart mobile operating systems", with "licensable" being key: as a device manufacturer, you cannot use iOS, so that doesn't count if you buy into this line of argument:
To put that into context: > Despite being a record fine, Alphabet generated about the same amount of money every 16 days in 2017, based on the company’s reported annual revenue of $110.9 billion for the year.
Earlier quoted context omitted.
apple doesn't have market dominance, thats the claim, anyway this fine is stupid, see my comment about how volkswagen only paid 1 billion to germany for its emissions scam, europe is just trying to siphone money from american tech companies.
Let's talk about 'stupid' again once US tech giants start paying appropriate taxes on their profits generated in Europe without siphoning them off.
Earlier quoted context omitted.
Apple does not have a monopoly dominant position. In my country I think they are like 10% of the market. You can't abuse your dominant position if you don't have one.
Android does not have a monopoly either. You can buy an iPhone.
Using your reasoning, Microsoft could never have had a monopoly on Windows because you always could have bought a Mac.
Earlier quoted context omitted.
apple doesn't have market dominance, thats the claim, anyway this fine is stupid, see my comment about how volkswagen only paid 1 billion to germany for its emissions scam, europe is just trying to siphone money from american tech companies.
Apples and oranges. Different violations, different markets, different market shares and different revenues make for different fines.
The stock is down about 1%. Not much considering that $5B should be about 1/3 of Googles yearly earnings.
On the other hand, 1% of Googles stock is about $8B. From that viewpoint, one might think it has come unanticipated.
Then again, stocks rise and fall 1% all the time. So it's hard to read something into it.
Is this the same case as reported in January here?
https://www.reuters.com/article/us-alphabet-results/alphabet...
"Profit fell 35 percent to $12.6 billion because of the tax bill and a separate charge last summer for a $2.7 billion European Union antitrust fine, which is under appeal."
To put that into context: > Despite being a record fine, Alphabet generated about the same amount of money every 16 days in 2017, based on the company’s reported annual revenue of $110.9 billion for the year.
A fine comes out of your profits, not your revenue. From a Routers[1] source they had $110.9 billion in revenue, but a profit of $12.6 billion. So this is somewhere between a third and half of their global profits. 1. https://www.reuters.com/article/us-alphabet-results/alphabet...