4 ms·
Why isn't making the iPhone unavailable for sale in Europe not an option?
by amne 3y ago
Why isn't making the iPhone unavailable for sale in Europe not an option?
- PavleMiha 3y agoI guess it is? No one can force Apple to sell iPhones in Europe.
- przemub 3y agoAnd no one is forcing them.
- sneak 3y agoTheir shareholders can, and will.
- burnerthrow008 3y agolol. Shareholders won’t care if Apple pulls out of Europe if Europe makes it impossible to make a profit. Another comment claims that the App Store represents something like 40% of Apple’s profit. If you chop a company’s profit in half and lay on a bunch of regulatory costs, pulling out of the market starts to look appealing. And, who is to say that the EC will stop here? What happens when all the alternative app stores fail because they fail to enforce the same developer-hostile, user-friendly features as Apple (like request to track). You think the EC will just roll over and let that happen? Or will they take even stronger measures? Continuing the humor the EC is just throwing good money after bad at this point. Shareholders can see that just as well as anyone else.
- smoldesu 3y ago> if Europe makes it impossible to make a profit. Unless they stop them from shipping iPhone hardware or tax the MSRP beyond 40%, I think it's quite literally impossible for that to happen.
- burnerthrow008 3y agoIt’s nice you think that. Maybe you should buy some Apple stock. Here in reality, it is a very real possibility.
- smoldesu 3y agoWhat's a 30% tax here and there between friends anyways?
- asadotzler 3y agoApple has reported to the EU that Apple's EU App Store revenue is 7% of their global revenue, a far cry from 40% of their profits. Don't believe what some rando posted here and then base your entire comment on that belief or be prepared to be wrong much of the time, and in embarrassing ways. Apple can't even afford to lose that though or Cook would face a board and shareholder revolt. And what if the EC doesn't stop there, well, most of us are hoping they won't an that Apple will be paying billions in fines until they cut the malicious compliance song and dance and get serious about respecting the EU's competition laws. Apple cannot leave and will not leave and so they will ultimately do what ever the EC demands of them. It's just a matter of how much they pay in fines first.
- summerlight 3y agoShareholders will be very angry and none of their C-suites will keep their jobs.
- p_l 3y agoBecause locking yourself from 1/6th of global economy is a non-starter when chasing returns and stock price, which are also the reasons why Apple is pulling such moves in the first place.
- Dobbs 3y agoThey can, and that is the alternative to complying. Apple wants their €€€ and to eat it too.
- layer8 3y agoBecause Europe constitutes a quarter of Apples revenue, a large part of which is iPhones and related services.
- kmeisthax 3y agoAs much as I like to joke about Apple starting a nuclear weapons division and tattooing "POOR IMPULSE CONTROL" on Tim Cook's forehead, the reality is that corporations are not actually sovereign nations, they just cosplay as such. Apple's investors will not tolerate Apple abandoning a huge chunk of their iPhone revenue over what is effectively a religious precept.