Ben Gilbert: prediction

Transcript context

…Right, so each of these things on their own, yeah, yeah, yeah, okay. But now there's another device out there that has all these things, and they're cheaper and they're better experiences because it's a more developer-friendly platform. It doesn't take too many of those where you’re like, do I really need an iPhone? Yeah, the question for Apple comes down to do we want to preserve our monopoly position and take less economics for the privilege of keeping our monopoly position by being the only app store? Or do we want to let other people compete with us? In that case, we're just going to get competed down on price anyway. They should probably just figure out a way to drop their rate to something that Epic will agree to. Gosh, are they going to roll that out? The implications are so huge, but I think where we're both landing is Apple needs to give on something here, and it probably needs to be either on economic terms or letting people use alternate payment methods in apps. If I’m Apple I'm not doing that. I'm trying to go back to Epic and say, we will cut it to 20%, but no on the store, and no on alternative payment methods. Preserve monopoly, try and make everyone happy, and feel like you're not overly rent-seeking on your device. I think that's the strategy. Yeah.…

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