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It would be hard to argue--given this presentation of Basecamp's plight--that Apple's behavior here is not rent-seeking. Combined with Apple's massive earnings
by mistersquid 6y ago
It would be hard to argue--given this presentation of Basecamp's plight--that Apple's behavior here is not rent-seeking. Combined with Apple's massive earnings and cash holdings, this is not a good look for Apple.
- spoopyskelly 6y agoApple takes a cut of the sales you make in their store, like any other such platform.
- crispyporkbites 6y agoThey are in a duopoly with Google though- if Apple increases their tax to 35% tomorrow, what happens? What if they increase it to 50%? What if they say you can’t have a web app, you can only have an iOS and Android app? What if they say they no competing services are allowed, so every iCloud, Apple news, weather etc. competitor is gone?