4 ms·
Maybe they're finally capitalizing on all their locked-in users.
by philote 6y ago
Maybe they're finally capitalizing on all their locked-in users.
- s3r3nity 6y agoidk why this is getting downvoted - it's a legitimate criticism of the way Google will enter a market with low prices (or free services,) steal market share, and then boost prices when they have market power and/or significant user anchoring. Ex: see all the Google Photos competitors who are doing the "I told you so" roadshow when they announced the end of unlimited storage for free. Other apps couldn't compete and/or died out, and so with market share in hand Google could "raise" prices. Further, Google doesn't hide that they want to grow "services" revenue, and had mentioned it in previous investor calls. I'm guessing they're seeing the success Tim Cook has had with diversifying revenue and growing services like crazy, and now they want to leverage that channel for growth.