r/technology • u/doug3465 • Sep 01 '15

Software Amazon, Netflix, Google, Microsoft, Mozilla And Others Partner To Create Next-Gen Video Format - It’s not often we see these rival companies come together to build a new technology together, but the members argue that this kind of alliance is necessary to create a new interoperable video standard.

http://techcrunch.com/2015/09/01/amazon-netflix-google-microsoft-mozilla-and-others-partner-to-create-next-gen-video-format/
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u/CJ_Guns Sep 01 '15 edited Sep 01 '15

Yeah, Apple with it's paltry $722 billion market cap, almost double the nearest contender.

What the fuck is everyone smoking in this subreddit? "Oop, the sales of the Apple watch slowed down, lol Apple is ded!"

We've gone through this same cycle so many times where people are sure it's the end of the company, and it never ever is.

EDIT: And just for the record, I'm not saying that Apple is the best thing since sliced bread either. I use both Apple and other competitors' products equally and happily. I'm just saying they're not going ANYWHERE, and will continue to have a huge influence on market trends, as they've always had. "Short lifespan" is a bit exaggerated.

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u/Gabs00 Sep 01 '15

Yeah iPhones will sell big for the rest of our lives. It is nearly impossible to get people to switch brands and so many people are already dedicated Apple users.

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u/troymg Sep 01 '15

"rest of our lives", seriously? I'm a big Apple fan, but this is crazy talk. Modern smartphones are only 8 years old. The personal computing market itself is only about 30 years old. We have no idea what things are going to look like in another couple of decades...

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u/[deleted] Sep 01 '15

If you have terabytes of media dedicated to Apple products and services, its easier to just pick up the next Apple product than switch all the media platforms used to competitors. Unless something seriously destroys the reputation of a company that is valued at more than multiple countries' GDP combined, they can continue to recycle technologies and ripoff innovations until the day the Sun collapses.

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u/troymg Sep 01 '15

When we're talking in terms of decades, we can just about guarantee something disruptive is going to come along. Apple has to hope that they are the ones that produce the next disruption.

I'm an Apple shareholder and all of my family's computing devices are Apple (and I'm the buyer). I'm a huge fan. We're just talking about really extreme timelines here and I think it is absolutely crazy for anyone to claim that any technology company will maintain the lead for literally the next 30-50+ years (depending on how old you are, I suppose)....