this post was submitted on 19 May 2024
506 points (97.0% liked)
Technology
58303 readers
6 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
source
As the second largest revenue generator, Europe has a powerful voice.
25% less revenue is 25% revenue lost. I don't think the shareholders would welcome that.
The EU is only one chunk of Apple’s “Europe” segment, which is defined as “European countries, as well as India, the Middle East and Africa.”
I'd heard Apple Maps was bad, but I didn't know it was that bad.
Most companies group MENA separately. They must sell so few devices there that they don’t want to show the numbers separately
They’ve used the same segments for a long time and presumably maintain them for consistency, so I think it really just tells us that they used to sell very little there. India, in particular, has been a large growth market for Apple in the past couple of years, but is still just thrown in with “Europe.”
I can’t speak for Apple, but every company I’ve worked for has split their region reporting as soon as one of the traditionally smaller regions gets big enough
It creates hype and a boost to their stock price
And I think a lot of that revenue is in the Middle East to be honest. Those are poorer parts of the world, but with very bad culture of demonstrative consumption.
Still, how big this is for Apple is important only for Apple users. While creating a culture of not fucking around is important for everyone.
So I'd say the EU should cut Apple down right now. They've made a lot of bad faith and faux compliance actions. Just ban them. I'm confident there's much more than one reason justifying that legally. No, that company doesn't help innovation, education and whatever else.