Head over to Snopes.com and you’ll find as many weird and strange headlines as your brain can feed upon, and, yes, they range from stupid to crazy and with little reality unless you read the fine print. Oh, and exactly how did Apple destroy technology progress?
It didn’t take long to come to the conclusion that Apple’s outsized effect on the technology industry has destroyed competitor’s ability to compete and create their own technology without following Apple’s lead.
That’s a big sentence, huh? So is this one from Steven Mnuchin:
[Amazon] “destroyed the retail industry across the United States”
Well, that settles it. I found the quote on the internet, and you know they can’t put it on the internet if it isn’t true.
But, just to be sure– we are talking about a Trump appointed government official with yet another trophy wife– let’s check in on what’s really going on, OK? Why? Well, I remember reading something about how the president absolutely positively hates Amazon founder and CEO Jeff Bezos because he is richer than the First Lady’s husband and he owns The Washington Post.
The Justice Department said yesterday that it would begin a review into whether major online platforms have “reduced competition, stifled innovation, or otherwise harmed consumers.”
Hmmm. Who are the top online retailers? It may depend upon who you ask but most will put Amazon up on top. Digital Commerce did.
- JD.com (China)
- Vipshop (China)
- Otto Group (Germany)
- Gome Electrical (China)
Macy’s? Where is Target or Best Buy? In America. Obviously, Amazon has an outsized influence outside the U.S., too, but inside the good old U.S. of A., guess who shows up in the Top 10.
I must not be leading the good life because I’ve never shopped on Etsy or AliExpress. I’ll check’em out one day and get back to you. Oh, and that’s just a list of online retailers. Offline retailers still bring in far more revenue and profits, so there’s that to consider.
OK, can we stop to figure out why the Feds want to hound Amazon for destroying the retail industry across the U.S? Except for all those not-so-destroyed strip mall stores, and the online stores in general, and retailers everywhere else. But you get the idea, right? Online? Bad. Presidential critic? Bad.
Well, if that’s the case is it not obvious how Apple has destroyed technology progress in the past, oh, say, 20 years or so? Who dominated the online music industry and stopped all competitors in the tracks, including Microsoft?
Apple. Think iTunes, iPod, iTunes Music Store. Apple, singlehandedly, stopped other companies from competing in online music sales, and the overall impact was to dry up sales of vinyl, cassettes, and CDs, and then DVDs.
Since then, Apple continues to dominate the tech industry with iPhone, iPad, Apple Pay, Apple Music, Apple Watch, AirPods– all of which dominate their respective industries to a point where all competitors can do is copy what Apple does and turn the lights down low to save on their electricity bills.
What do all smartphones look like? iPhones. What do the few remaining tablets look like? iPads. What do PC notebooks look like? Macs. What do other smartwatches do? Just kidding. There are no Watch competitors of note. What about Apple Music vs. Spotify? Hey, we all know Apple was late to the party just to keep the anti-trust hounds at bay. What are the cool Chinese knock off companies knocking out these days? AirPod knockoffs.
Apple’s iconic technology designs have stymied the entire technology industry so all that competitors can do is to make cheap copies; knockoffs at a lower price point but without the cool panache, without the inherent resale value, without the advantage of no malware, and no free admittance to the Disneyesque Walled Garden Ecosystem.
Is it any wonder that the Feds lump Apple into the likes of Facebook, Google, and Amazon when it comes to monopolistic practices and anti-trust investigations? Apple definitely abuses its position as a techno-gadget manufacturer by squeezing out the most profits on everything it sells, and leaving competitors to flail around the industry table looking for crumbs.
What can Apple do? Nothing. Money talks, of course, but Apple doesn’t seem to work like Amazon or Walmart. The former bought a president-critical newspaper while the latter gives buckets of money to fund the president’s party (not the one with cake and drinks and trophy wife-class attendants).
By the way, don’t you think Ford should be included in the investigation? After all, the car company was responsible for putting buggy whip manufacturers out of business.