Comment by baxtr
Apple sells some ads yes. But it’s a tiny fraction of their revenue.
Would Google or Meta go bankrupt if they stopped selling ads? Yes. Apple wouldn’t.
Apple sells some ads yes. But it’s a tiny fraction of their revenue.
Would Google or Meta go bankrupt if they stopped selling ads? Yes. Apple wouldn’t.
That seems like a stretch. Even in Europe where people can choose to use different app stores, few people actually do. So few, in fact, that one of the alternative app stores recently shut down.
Have you considered that people just like Apple's products and services?
What does whether they’d go bankrupt or not have to do with whether they’re an ad company?
They sell third party ads: companies unaffiliated with Apple pay Apple to advertise on Apple platforms.
They’re an ad company. Just because it’s currently a small slice of their total revenue doesn’t make it untrue.
What matters is that the parent comment said “Apple is an ad company now,” as if that negated all the privacy and security stuff they do.
Making some cash on ads doesn’t have to rely on targeted tracking. That only matters if ads are an existential part of your business, and without huge ad revenue growth, your company is dead.
I guess it’s also a financial company, since they have a branded credit card?
As long as you don’t count the $25 billion that Apple gets from Google.