Great analysis. Apple is the hypocrite here. If it really cares about privacy and choice, it wouldn't get the $12B annual payment from Google and it wouldn't kowtow to the Chinese government. Apple only does it when it doesn't affect its bottom line. Apple wants people to think it is on the moral high ground, but what it really wants to do is to disrupt FB's core business to slow down its development of the next potential computing platform (AR/VR) which Apple is currently falling behind. Right now, FB has the first mover advantage and can potentially build its own OS that's independent from Apple.
Superb write up, thank you Rihard!
Great analysis. Apple is the hypocrite here. If it really cares about privacy and choice, it wouldn't get the $12B annual payment from Google and it wouldn't kowtow to the Chinese government. Apple only does it when it doesn't affect its bottom line. Apple wants people to think it is on the moral high ground, but what it really wants to do is to disrupt FB's core business to slow down its development of the next potential computing platform (AR/VR) which Apple is currently falling behind. Right now, FB has the first mover advantage and can potentially build its own OS that's independent from Apple.
Disclosure: Long FB & AAPL
Mr Jard, Thanks for the FaceBook analysis. The breakdown was wonderful describing the different business with FB. I really enjoy your work.