Facebook Stock Forecast: Why Facebook Is Now More Attractive Than Apple
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Summary:
- I dare say Facebook is now the better long-term investment than Apple. Apple’s trumpeting of privacy issues against Facebook reeks of hypocrisy.
- My takeaway is that Apple just wants a share of the ad money that Facebook is mining from iPhone/iPad owners.
- Alphabet paid billions of dollars so that its Google data-gathering search engine remains the default search engine on Apple’s mobile Safari browser.
- Apple is just envious of Apple and Alphabet’s successes in mobile advertising.
- Apple is the god dictator of the massive iOS platform and yet it failed to build a successful mobile advertising business.