Comment by sulam
4 years ago
SnapChat and TikTok were both created well after Apple achieved its current market position. Not to mention the fact that I have only picked a few examples from a few categories. What will you say when I add Uber, Door Dash, AirBnB and others to the list? Again, I'm barely scratching the surface here.
You really can't escape the fact that applications built on top of Apple's platform are worth, in aggregate, multiples of Apple's market cap. I'm not an Apple apologist, this is just obvious math.
Companies that use Verizon network are bigger in aggregate than Verizon itself! Look at all the value Verizon has created!
Also - neither Snap nor TikTok charge money for their apps, it was never an option due to Apple's monopoly.