this post was submitted on 06 Mar 2024
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Wow, they do this just 2 days after being fined $2 billion by EU!
Unless you don't know this "Tim Apple", those fines have a tendency to increase with repeated violations.
They better increase quickly. Apple's bank account is large.
$2B on day one. Double that every instance. EU will own Apple in a week or two.
They'll just stop selling their products in the EU before that bridge is even on the horizon.
What's not to love? Then do the same with Suckerberg please, kthxbye.
Don’t tell him! Corporations being hit with massive fines is my kink!
$2 billion, that's 4 whole days of profits for them.
$2B is actually 2% of their profit. That's 7.3 days.
Ah yes but those people love money so much, they are probably devastated.🤪
So you wouldn't mind if 2% of your yearly salary after tax would disappear, right?
That's a false comparison. Salary after tax is not comparable to profit. Profit is after ALL expenses. So if I did something really really stupid, after being warned about it and repeatedly, and was fined 2% after ALL expenses, I'd say I got off easy.
Really, it's just an asshole tax. Most restaurants these days have extra fees that exceed 2% just because. Hell, once upon a time, a 15% tip was given for great service. Now it seems like 20-22% is often the lowest in the recommended tip section. 2% of extra money is nothing, especially when the fine is less than what was earned from the infraction. It's a lot easier to stomach a 2 billion dollar fine, when you earned 4 billion because of it.
Think of some small family owned business, like a ma and pa shop. What they have after all expenses, the profit, is what they live off. That's their "salary".
What you have left after all expenses is your savings. In a business, savings would be an investment, which does not count as profit.
2% of nothing is still nothing 🤷
There's no wording in that law that says apple has to allow third party apps for alternate app stores or anything to be made available within apples app store. More like apple just has to allow sideloading. Why would Apple want to pay for the server expense of another company by-passing giving apple a share of the profits?
I hate both companies, but if I owned Apple, I'd be after doing the same thing. Epic can get people to sodeload that crap.