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A comment on Apple confirms it's breaking iPhone web apps in the EU on purpose. Parent comment

Re:Apple confirms it's breaking iPhone web apps in the EU on... by xvector on Thursday February 15, 2024 @10:18PM (#39392774)
The EU is economically meaningless on the grand scale. They are only 7% of Apple's revenue, and similarly low for other companies. And every day they become a less profitable market to operate in. The EU holds power only as long as the rest of the world is willing to deal with its BS.

Trying to "break up Apple" is simply not within the EU's power as Apple is worth more than the EU's whole tech industry combined. Apple would simply leave and the whole region would be left with shiny bricks.

If the EU pursues this with big tech at large it will find itself in the 80s. It needs US big tech far more than US big tech needs it.

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Re:Apple confirms it's breaking iPhone web apps in the EU on... by akie on Friday February 16, 2024 @02:14AM (#39394138)
If US big tech doesn't need the EU, then why do they keep on bending to its will?
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by xvector on Friday February 16, 2024 @04:01PM (#39402909)
As long as the opportunity cost is positive it will stay. The EU is trying its hardest to make the opportunity cost negative.
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by mordae on Friday February 16, 2024 @04:15AM (#39394861)
Not really. If this goes on, EU will simply cozy up to China a bit more. Let's see how Washington will react to that.
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by fundatus on Friday February 16, 2024 @04:16AM (#39394863)
The EU's single market is the second largest economy (GDP nominal) in the world after the US and before China.
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by leifross on Friday February 16, 2024 @04:38AM (#39394993)
Last time I checked, Apples holdings are all based in Ireland. So from a legal standpoint, it's a Irish company, held accountable by EU law. It can't "simply leave".
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by xvector on Friday February 16, 2024 @04:00PM (#39402897)
If you think the US will let it's shiniest company be destroyed by the EU I don't even know what to say.
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by paulddraper on Friday February 16, 2024 @10:03PM (#39405941)
How long do you think it would take them to move?
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by cromka on Saturday February 17, 2024 @05:08AM (#39408092)
Remember Brexit and how long it took corporations to move their entities? It’s 12-36 months, from my experience in investment banking at the time.
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Re:Apple confirms it's breaking iPhone web apps in the EU on... by jakub_g on Sunday February 18, 2024 @05:35AM (#39417944)
> [EU] are only 7% of Apple's revenue

*citation needed.

Looking at [0] it seems to be around 25%.

[0] https://www.statista.com/statistics/382175/quarterly-revenue...

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