The timing of the FTC case and the dispute with Apple is interesting to me. Why now, and why all at once. It’s like there is a bigger picture that is not presented to us, and I tend to think that at this point it’s a matter of political favor, rather than the questionability of Q’s business practices. I get that these policies were always been labeled as controversial, but Apple didn’t seem to mind them for a very long amount of time. It’s odd that they become fed up now when they have already turned to the competition. Same with the FTC, if they know for a fact that this is monopolistic behavior, why didn’t they react earlier. For me, this is a carefully orchestrated attempt to take down Qualcomm
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7 replies (most recent on top)
SM has to go. He is very toxic to Qualcomm and I hope he will leave, now, before more harm comes to our company.
This battle is more Apple vs SM, FTC vs SM, etc, then it is against Qualcomm.
It is almost certain every company would have hidden closet stuff going on.Remember Volkswagen? We p-ss-d off Apple and that was the trigger. If we piss off Samsung, sure they would also bring in all the negotiations that didnt go in their favor. This is why management is so key which Q has failed miserably under Steve Mollenkoff and Christiano's stubborn stance.
Irwin was a master at paying for political clout from both sides and from various foreign powers.
PJ not so much.
SM not at all.
Chairman of FTC is a Trump appointee. Qualcomm bet heavily on Hillary.
OP, they asked the same question when Bernie Madoff got caught. Always the same business practice so why now.......
Apple bought politicians who got voted out. So they needed to hurry.
You ask why are they an issue now. I answer it is not just now. Recall the last few years, penalties from China, Taiwan, Europe, Canada, Korea and maybe more to come.
It took more time for some governments to catch on than for others, still more could wake up. This uncertainty does not sit well with investors.
The FTC never would have known about the billion dollar bribe for Apple to agree to an exclusive deal (to destroy competition?) had Apple not told the FTC. Lets hope other customers don't come forth with additional horror stories.
Two quotes come to mind:
1) “If you can’t do the time, don’t do the crime.”
2) “Don’t drop the soap.”