Apple knows that what they're doing is against the law, but every day, every month, every year they can get away with it, till the hammer of the law inevitably strikes, is more money in their pocket. So delaying it by every means necessary is what's in their best interest, it's what their lawyers are paid to do because each such decision of conforming to the law boils down to an accounting decision for them: "are the potential fines bigger than the profits".
You know a company has long lost the innovation race when the company is run by the lawyers and bean counters instead of the engineers, trying to milk their product lines form 10+ years ago. I wonder how long until they resort to becoming a patent troll ... oh wait. Their final form will be selling ads to their users.
Western governments just need to toughen up. If China tells Apple to stop doing something by next Monday, they'll have it changed by then.
"But due process!!". For individuals and SMEs, sure. For mega companies, absolutely not. Getting to rake in billions of profits should come with a loss of privileges, not with a gain. That needs to be the trade-off.
Apple knows that what they're doing is against the law, but every day, every month, every year they can get away with it, till the hammer of the law inevitably strikes, is more money in their pocket. So delaying it by every means necessary is what's in their best interest, it's what their lawyers are paid to do because each such decision of conforming to the law boils down to an accounting decision for them: "are the potential fines bigger than the profits".
You know a company has long lost the innovation race when the company is run by the lawyers and bean counters instead of the engineers, trying to milk their product lines form 10+ years ago. I wonder how long until they resort to becoming a patent troll ... oh wait. Their final form will be selling ads to their users.
Tech giants need to be dismantled.
Western governments just need to toughen up. If China tells Apple to stop doing something by next Monday, they'll have it changed by then.
"But due process!!". For individuals and SMEs, sure. For mega companies, absolutely not. Getting to rake in billions of profits should come with a loss of privileges, not with a gain. That needs to be the trade-off.
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It's why I think they're such a great short.
They say that somewhere one Darl McBride makes a sad chuckle reading this.