Munster: Apple fared well at U.S. House antitrust hearing

On Wednesday, CEOs from Amazon, Apple, Facebook, and Google spent five hours testifying (virtually due to COVID-19) at a House Judiciary Antitrust Subcommittee hearing. Executives faced questions over a wide array of issues including fair competition, the digital marketplace, influence on public opinion, political agendas, and privacy.

Gene Munster for LoupVentures:

Munster: Apple fared well at U.S. House antitrust hearing. Image: Apple CEO Tim Cook
Apple CEO Tim Cook
Overall, Apple fared well, Amazon was more neutral, while Google and Facebook had a longer day.

• Winner, Apple: Apple received 15 questions, about 20% of all questions asked. Cook fielded questions related to the App Store take rate along with policies regulating app availability. Beyond the number of questions, the topics for Tim Cook largely orbited around the App Store, which we estimate accounts for about 5% of Apple revenue. By comparison, the other tech companies fielded questions that impacted the majority of their revenue.

• Neutral, Amazon: Amazon received 18 questions, about 24% of all questions asked. Bezos fielded questions regarding third-party data collection practices, preferential treatment for Amazon goods, and policing counterfeit goods.

• Loser, Facebook: Facebook received 21 questions, about 28% of all questions asked. Zuckerberg fielded questions regarding Facebook’s role in free speech, anti-competitive M&A philosophy, product innovation, and social justice.

• Loser, Google: Google received 22 questions, about 29% of all questions asked. Pichai fielded questions regarding search result rankings, suppression of conservative views, and Google’s corporate values, and Google’s ad network.

MacDailyNews Take: Of all four at the antitrust hearing, Apple CEO Cook and Amazon’s Bezos seemed most comfortable while Alphabet (Google)’s Pichai looked out of his depth.


    1. Regardless of your political affiliation, google’s censorship is disturbing. And its not just political, they censor negative articles/ searches / sites that expose CCP crimes against humanity. Youtube demonetizes channels critical of China. Google is like the NBA, social justice is the most important thing ever unless your a Xinjiang’s Uyghurs imprisoned at a CCP reeducated camp that threaten profit margins.

      … LeBron Twitter comment on free speech CCP China and HongKong.

      “So just be careful with what we tweet and what we say and what we do, even though, yes, we do have freedom of speech. But there can be a lot of negative that comes with that, too.”

      Bet mr LeBron dose not demand to defund the police in Hong Kong.



      water canons

      choke holds

      unmarked police uniforms with no name badges.

      check out the photog get blasted @.39 seconds

      what’s crazy is how Hong Kong peaceful protest don’t riot and don’t steal and destroy private property. Big culture differences,

      …. and now in hong kong its against the law to hold up a blank sheet of paper

      HongKong citizens would love to have our police and freedom

      its sad and funny that those oppressed by a marxist government are trying get to freedom …and those drunk on freedom here is the USA want us to become marxist government. i wish we had an voluntary exchange program. We could trade all the marxist wannabes here in the USA for are the people who want freedom in HongKong.

      Defund Honk Kong police

      1. Please take your act to an appropriate venue. This is why MDN is losing audience. If you have a germane comment about the article, make it, otherwise shut the hell up.

        Moderators, please moderate.

  1. It looks like Brits are commanding the anti-Protester police forces while protesters and supporters are more forceful in demanding democratic participation. I doubt that Apple is selling any less gadgets in HK. Because of its renowned security, it’s probably selling even more.

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