The adage “Play stupid games, win stupid prizes” seems to apply here in more ways than one.
This was my take. Did they expect different?
fight! fight! fight!
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You’re kidding right? The company made $89.5 billion revenue in the quarter to September 2023. If they’re on the decline it will probably take a few hundred years to show.
They could lose billions behind the couch each year and it would be a rounding error on their bottom line.
I don’t think they’re gonna go the way of Blackberry, it’ll be more similar to Nintendo. Still kinda big and relevant, occasionally doing something shitty or entirely out of touch but much more humble. Both sit of a crapload of cash that can bail them out from years of failures.
Good. Screw ‘em.
Lots of weird takes on this so here’s a reminder that for us Europeans it’s not our first rodeo.
DMA is similar to how some European countries defeated telecom monopolies 20 years ago. We forced infrastructure owners to set up wholesale distribution channels (LLU and WLR are a acronyms I didn’t think I’d ever use again) which allowed others to piggyback as equals. I don’t think banning competitor from your infrastructure for publically criticizing your policies would fly back then or should fly today. Apple is going to take massive fines and they know it but their delaying strategy will still be worth it given how much they make on their 30% cut. In the end they’ll have to comply.
Epic sucks in many ways but their and consumers interests are aligned here.
