Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
27 Nov 2023 Acquired Visa
“I think, yes, absolutely. I'm not saying this won't happen, but Tim Cook board-level discussion on this.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 Nov 2023
- Publisher
- Acquired
- Episode
- Visa
Transcript context
…It depends. Apple will eventually saturate their market. They are looking for what the next frontier is in $200 trillion of volume moving around the global economy. I think, yes, absolutely. I'm not saying this won't happen, but Tim Cook board-level discussion on this. Let's play out the Dee Hock thought exercise. Apple succeeds, they do it. They eat Visa. Visa's market cap is now added to Apple's market cap. Great. Apple's market cap just grew by 25%. I think they have to think that they can improve something. They won't go into this, unless they think they can improve both the user experience and create a better business out of it.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.