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Status Update

by The Happy Hour

 

Why Apple Is Losing Its Shine in China

backchannel.com

Jeremy Hsu:

In short, Apple’s monthly subscription was “late to the market with an inferior product that is overpriced,” says Robert Lyons, a former digital media executive who is now a visiting lecturer at Northeastern University in Boston. He pointed out that Apple Music’s competitors in China offer customers far more flexibility with different tiers of free and paid streaming. “It’s like you’re living in a big apartment building and there’s a cool party going on in the penthouse,” he says. “They’ve got mixologists and craft beers and craft whiskeys. Apple is you showing up four hours into the party and trying to sell cans of Bud Light.”

I definitely approve of this analogy. 🍻

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