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Re-Post for Wednesday - MOSK: 08.14.2024
Aug 14, 2024
Richard Gunther, host of "Home: On," dives into the complexities of smart devices and home automation. He discusses Apple's antitrust investigation in India and how it impacts their growing iPhone market. The conversation shifts to Rivian's integration of Apple Music, along with Apple's new in-person Entrepreneur Camp aimed at empowering developers. Gunther also shares insights on the upcoming series 'Bad Monkey' and the Apple Watch activity challenge that promotes fitness in National Parks.
12:14
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Quick takeaways
- Apple successfully contested an antitrust investigation in India, stalling scrutiny over its App Store practices amid rising market share.
- Rivian's integration of Apple Music requires an additional subscription, illustrating the increasing costs associated with premium services in electric vehicles.
Deep dives
Apple's Antitrust Investigation in India
Apple has successfully stalled an antitrust investigation in India by contesting the validity of two reports that alleged it breached local competition laws. The Competition Commission of India withdrew these reports, citing claims from Apple regarding the improper disclosure of sensitive commercial data, thought to include financial information about its operations in the country. The investigation was initially focused on whether Apple abused its position in the App Store market, especially since iPhone has a relatively small market share of less than 4% in India. Despite the stalling of the investigation, if the commission re-evaluates the numbers, Apple may face increased scrutiny given its growing smartphone market share, rising from 5.6% to 6.7% in just one year.
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Discover
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