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Tag: AppStore

EPIC!!!

EPIC!!!

Image by Peggy und Marco Lachmann-Anke from Pixabay

The news of the week was that the closely-watched trial between Apple Computer and Epic Games concluded. It was not a win all around, but it did deal “a massive blow to the walled-garden business model of Apple’s App Store.”

According to CNBC, “Judge Yvonne Gonzalez Rogers…issued an injunction that said Apple will no longer be allowed to prohibit developers from providing links or other communications that direct users away from Apple in-app purchasing. Apple typically takes a 15% to 30% cut of gross sales.”

“Apple will now be required to allow developers to direct users to third-party payment processors, meaning developers can now collect revenue directly, and can no longer disallow developers from using account registration data to contact users outside the app,” Gizmodo reported. “…but it’s very far from a complete victory. Gonzalez Rogers ruled against the gaming company on every single other count, finding that while Apple violated California’s Unfair Competition law, the case did not establish Apple to be an illegal monopolist…It’s not clear, as of this moment, how wide the ramifications will be beyond the App Store specifically. Google, which also booted Fortnite from its Play Store in response to Epic’s moves, is facing a similar lawsuit that has yet to be resolved.” Read More...

The Secret Formula for a $1T Valuation

The Secret Formula for a $1T Valuation

AKA, Who Wants to be a Trillionaire? Ok, maybe not a trillionaire, but running a company with a shot at getting to the trillion dollar status, has been there, or is damn close or potentially able to get there? Notice that Apple, Google, Amazon and Facebook – four of the FAANG stocks – all have something in common: they all have 100M+ plus users, and are “trusted” platforms – “trusted” being an odd choice of words here, in our case, but work with us.

While Netflix is also part of the FAANG stocks and ergo potentially a trillion dollar player, the company is now experiencing something less than that Silicon Valley-venerated hockey stick growth, as Netflix reports slowing subscriber growth for the first time, which is also part of our point here. Read More...