nabla9
Joined 13 years ago
Joined 13 years ago
Car revenue: -11%
operating margin: 3.86%
Free cash flow -30%
Tesla PE > 280 is magic. Now they are "pivoting" to Cybercab, humanoid robots and investing billions into xAI. Jumping from hype-trend to next without any problem is impressive. Fair valuation always in the future.I'm not sure what is the basis for your question but using market definition where Google Play and Apple Store are in the same market is not correct (market definition is essential part of any monopoly regulation).
Markets are defined by choice of practice, not by choice in principle.
Revenue $32 B
Operating Costs $7 B [1]
Estimated Profit $25 B
Operating Margin ~78%
[1] R&D, security, hosting, human review, and including building and maintaining developer tools Xcode, APIs, and SDKs.Apple could take just 7% cut and still make 20% profits.
Fun Fact: During the Epic trial, it was revealed that Apple's profit margins on the App Store were so high that even Apple's own executives were sometimes surprised by the internal financial reports.
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edit: There is no ideological argument for voluntary action here. The entire goal is to force regulators to step in. The debate over 'good vs. bad companies' is just online noise and rhetorical trik, no one on either side of the political spectrum wants these systems to be fixed voluntarily with corporate altruism.
https://en.wikipedia.org/wiki/List_of_software_package_manag...
Just like with JVM and other better options before and after it, it's politics, interests and momentum. JVM in the browser was not killed by technology, it was killed by Microsoft. Similarly, we should look who gains and loses relative to other if Wasm becomes mainstream.
Easy portability and less platform dependence. Who wants it, who does not? Apple, Microsoft, Google, ...
Just like with JVM the Wasm can be killed with wrong embrace. Microsoft Java Virtual Machine (MSJVM) was named in the United States v. Microsoft Corp. antitrust civil actions, as an implementation of Microsoft's "Embrace, extend and extinguish" strategy. Adopt JVM, remove portability with extensions.