On Oct 10, 2006, at 10:17 AM, Jim Devine wrote:
any thoughts on Google's purchase of YouTube
Apple's stock stumbled $1.55 today, but is slowly working its way back up as investors reconsider what the ramifications are of the deal. YouTube's fantastic spurt onto the internet scene (most people hadn't even heard of it a few months back, I reckon) is because of its availability to anyone at all. I predict there will many others like it. It is, after all, an essential function of the world wide web. Google has too much money. I think Apple's approach -- providing unreleased professional video unavailable elsewhere at generally low cost -- has a better chance of survival. Google just bought a buskers street corner; there are other street corners available. Dan
