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EU approves legislation to regulate Apple, Google, Meta, and other tech firms

macrumors.com

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Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#71

Post by drcongo »

WastingMyTime89 wrote: post #17
ericmay wrote: post #12

Earlier quoted context omitted.

You do have the option to choose. You can buy any number of Android phones, or you can jailbreak an iPhone with custom software. Ultimately this will be bad for regular people, and good for crypto scammers, ad agencies, and companies that rely on hovering up personal data.

Apple advances this argument all the time. Meanwhile most European use Android which allows side-loading and the predicted apocalypse didn’t actually happen. I know it’s annoying: this pesky reality showing to everyone that your argument is actually specious.

Didn't it? Every Android user I know is a data leak firehose.

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#72

Post by M2Ys4U »

nojito wrote: post #31
carlycue wrote: post #29

Music to my ears. Apple is a junkie that's addicted to the App Store & services revenue. By opening up their walled garden, it forces them to be more proactive to regain some of that lost revenue. I guarantee the car, the AR/VR and their other underdeveloped products would've progressed so much faster if Apple depended on new product categories to grow their revenue. Right now, they're feeling too cozy.

Imagine thinking that punishing success is the way to go. Europe loves propping up failing companies and industries. Not very surprising that they would go after a company with barely a 30% share of the market.

>Not very surprising that they would go after a company with barely a 30% share of the market.

You do know that the DMA and DSA are not Apple-specific laws, right?

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#74

Post by ratww »

PedroCandeias wrote: post #4

I'm personally happy to stay inside Apple's ecosystem, but believe that everyone should have the option to choose. This looks like good news, a step in the direction of being more in control of the devices we buy.

> I'm personally happy to stay inside Apple's ecosystem

I used to believe that I'd stay inside the Apple ecosystem if this ever happened, but the ecosystem has become a total dumpster fire in the last few years IMO.

The App Store itself is riddled with 99% crap apps, there's a lot of advertisement that really puts me off, the macOS Store results are mostly copycat apps or very suspicious stuff (although most of the time the real Apps aren't even there), their own apps (Music, TV, AppStore itself) are buggy as heck for me, there's an incredible amount of notification spam from otherwise useful apps (bank app, Uber, delivery app, etc). They've lost control.

Opening up is more necessary than ever, for multiple reasons.

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#75

Post by nonrandomstring »

nojito wrote: post #31
carlycue wrote: post #29

Music to my ears. Apple is a junkie that's addicted to the App Store & services revenue. By opening up their walled garden, it forces them to be more proactive to regain some of that lost revenue. I guarantee the car, the AR/VR and their other underdeveloped products would've progressed so much faster if Apple depended on new product categories to grow their revenue. Right now, they're feeling too cozy.

Imagine thinking that punishing success is the way to go. Europe loves propping up failing companies and industries. Not very surprising that they would go after a company with barely a 30% share of the market.

Was I dreaming or was there a $700 billion US banking sector bailout in 2008?

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#76

Post by caramelcustard »

Bayart wrote: post #43
nojito wrote: post #31

Earlier quoted context omitted.

Imagine thinking that punishing success is the way to go. Europe loves propping up failing companies and industries. Not very surprising that they would go after a company with barely a 30% share of the market.

Considering corporate « success » in a capitalist environment amounts to the accumulation of wealth and power outside of the commons, yes, it's absolutely the way to go.

"...amounts to the accumulation of wealth and power outside of the commons..." Considering that we're talking about a publicly traded company, "the commons" (as you decided to label them) have the ability to purchase stocks (the right to recieve a certain percentage of in of the aformentioned company as well as voting power). The legislation doesn't address anything regarding stocks and if anything, it requires companies like Apple to share their work with their competitors South Korea style.

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#77

Post by rsynnott »

nojito wrote: post #31
carlycue wrote: post #29

Music to my ears. Apple is a junkie that's addicted to the App Store & services revenue. By opening up their walled garden, it forces them to be more proactive to regain some of that lost revenue. I guarantee the car, the AR/VR and their other underdeveloped products would've progressed so much faster if Apple depended on new product categories to grow their revenue. Right now, they're feeling too cozy.

Imagine thinking that punishing success is the way to go. Europe loves propping up failing companies and industries. Not very surprising that they would go after a company with barely a 30% share of the market.

> Not very surprising that they would go after a company with barely a 30% share of the market.

While macrumors.com is, for obvious reasons, most interested in the Apple angle, these rules would obviously apply to Google et al as well.

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#78

Post by root_axis »

drcongo wrote: post #71
WastingMyTime89 wrote: post #17

Earlier quoted context omitted.

Apple advances this argument all the time. Meanwhile most European use Android which allows side-loading and the predicted apocalypse didn’t actually happen. I know it’s annoying: this pesky reality showing to everyone that your argument is actually specious.

Didn't it? Every Android user I know is a data leak firehose.

Based on what? How would you even know?

Re: EU approves legislation to regulate Apple, Google, Meta, and other tech firms

#79

Post by pavlov »

988747 wrote: post #8
superb-owl wrote: post #5

This is huge. Forcing Apple to allow app side-loading, third-party payments, etc is going to wrest away control of the iOS ecosystem (and eat pretty heavily into their revenues [1] [1] https://www.cnbc.com/2022/01/10/apple-implies-it-generated-r... I hope some of these regulations spill over into the U.S. and the rest of the world.

I wonder if it would make more financial sense for Apple to withdraw from EU market, rather than complying. The numbers for 2021 are pretty much in line: $89B - Apple sales in Europe (including some non-EU countries, most notably UK) $85B - Apple AppStore revenue worldwide. The question is: which one has more potential for growth.

Remember that App Store revenue is also generated in the EU.

Let's assume that 15% of App Store revenue is from the EU. That would leave an additional $12.7 billion hole in Apple's pocket.

Worse, it would mean Apple's third-party developers lose about $30 billion in revenue. (Apple takes a 30% cut, so the total App Store sales volume is about $283B). Those developers would also lose all access to their existing users in those countries. It would be a massive black stain on Apple's reputation.

It's the kind of drastic move that you simply can't do as a platform provider unless your hand is absolutely forced by something like international sanctions.

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