"The latest smartphone from Apple hit stores this weekend and reportedly the bell of the ball is the iPhone 17 Pro Max. Customers want it for its advanced telephoto lens, large display and battery life. Investors want it to keep up with the Joneses. While Apple remains one of the globe's most valuable tech companies, there is growing concern on Wall Street that the industry leader is lagging behind some of its rivals when it comes to artificial intelligence. Ideally the new model addresses some of that chatter."
"Sounds innocuous until you realize through a series of acquisitions and regulatory rules changes, the telecommunication company was able to take control of 80% of all telephones in the U.S. This was not by accident. One of the company's earliest presidents, Theodore Vail, introduced a motto in 1907: "One system, one policy, universal service." Vail was selling efficiency, but what AT&T eventually acquired was near total control of how Americans talked with one another."
The iPhone 17 Pro Max prioritizes an advanced telephoto lens, a large display and extended battery life to attract customers. Investors expect the new model to maintain Apple’s competitive standing. Wall Street expresses concern that Apple lags rivals on artificial intelligence capabilities. Competition fuels innovation and consumer choice. The AT&T example shows how monopoly control restricted choices until a judicial breakup enabled new carriers and an innovation surge. Media executives forecast a renewed pace of consolidation, and recent deals such as Skydance acquiring Paramount and Nexstar targeting Tegna indicate heightened merger activity.
Read at Los Angeles Times
Unable to calculate read time
Collection
[
|
...
]