$AAPL@David-Lyons good question! Because it's extremely expensive. Companies that tried to offer satellite telephone or internet WW even without competition went bankrupt - see $IRDM Iridium Communications Inc. And now there are three other big players trying to do the same thing. But one step could help Apple - if it decides to rent satellite capacity from $AMZN, SpaceX or OneWeb thus decreasing potential capacity on the market #bearish
David Lyons 11:43 PM 12/20/2019
$AAPL@Kourtney-West why bearish? Isn't it a profitable move by Apple to bypass telecom operators using own satellites?
Cursty Jenner 11:31 PM 12/20/2019
$AAPL is working on it's own satellite technology to have a direct connection to its devices bypassing telecom operators. Will it be own satellite constellation or rented from others? Anyway it joins the race with $AMZN, SpaceX and OneWeb. #bearish www.bloomberg.com/news/ar...tellites
Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. Apple sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.