
The Trade That Made Us Go “Hmm…” And Countdown to Netflix Earnings 4/17/23
CNBC's "Fast Money"
00:00
Google's Anti-Monopoly Threat
Apple's north of $20 billion in revenues for them. If Microsoft captures just a tiny increment of the Google search, that goes straight. In 2015, they had 79% gross margins. They're expected to have 60% gross margins this year. And so could you see further margin degradation if they start losing pricing power? Because that is what Steve just mentioned this all about. Now that you have a good, even if you don't think you would even use them, why wouldn't you go and try to make that threat?"
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