From FT Alphaville's Markets Live:
Morning.
This is Markets Live, FT Alphaville's incremental addition to the avalanche of comment on a bloody single-product toy maker.
So give me a moment here for my theory.
1. China's not like anywhere else.
Because of WeChat.
And
WeChat's platform agnostic. The barriers to moving from iPhone to
whatever thing the Chinese government is covertly funding are
much lower
to the Chinese consumer.
In
near enough every other market, iMessage forms a network effect that's a
barrier
to moving away from Apple. The company is holding your friends
and family
to ransom, kinda.
Good theory bryce.
Small flyby...
Oh, hello Iz. It's been a while since this was a dialogue.
Your thoughts?
On
Apple? I'm afraid I am totally unaware of anything these days.
Working
hard to improve this. All I know is that there is great demand for my
iPhone6s
from my 11 month old.
She likes to bang it on the table
But I sense she is also brand agnostic