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2018-WAN-Show-Transcripts

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[1694.56 --> 1695.20] always had to come
[1695.20 --> 1695.56] on the phone
[1695.56 --> 1696.36] and it was all bundled
[1696.36 --> 1696.96] and that was illegal
[1696.96 --> 1697.42] so then
[1697.42 --> 1699.12] they ordered them
[1699.12 --> 1700.02] to pay a big fine
[1700.02 --> 1700.78] and now they have to
[1700.78 --> 1701.94] give options
[1701.94 --> 1702.90] to OEMs
[1702.90 --> 1704.14] and so
[1704.14 --> 1706.22] a device gets subsidized
[1706.22 --> 1706.82] by the fact that
[1706.82 --> 1707.46] Chrome is on there
[1707.46 --> 1708.16] because there's
[1708.16 --> 1709.10] advertising revenue
[1709.10 --> 1710.40] but then now
[1710.40 --> 1711.36] if you're going to be able
[1711.36 --> 1712.00] to get an Android phone
[1712.00 --> 1713.00] that doesn't have Chrome on it
[1713.00 --> 1713.86] then Google still has to
[1713.86 --> 1714.46] make that money
[1714.46 --> 1715.32] so they're just
[1715.32 --> 1716.76] charging a licensing fee
[1716.76 --> 1717.18] but we didn't know
[1717.18 --> 1717.80] how much it costs
[1717.80 --> 1718.58] and now we know
[1718.58 --> 1719.38] how much it costs
[1719.38 --> 1720.84] is this kind of
[1720.84 --> 1721.94] gives us an idea
[1721.94 --> 1723.54] of how much money
[1723.54 --> 1724.70] Google expects to make
[1724.70 --> 1725.54] off the Play Store
[1725.54 --> 1726.14] off Chrome
[1726.14 --> 1727.06] and off Google Search
[1727.06 --> 1727.80] well I think that
[1727.80 --> 1728.78] the fees here
[1728.78 --> 1729.88] would be slightly higher
[1729.88 --> 1730.72] than what they made
[1730.72 --> 1731.48] off of that ad revenue
[1731.48 --> 1731.80] I think so too
[1731.80 --> 1732.50] because I'd be
[1732.50 --> 1733.28] I'd be given
[1733.28 --> 1735.20] I'd be given the EU
[1735.20 --> 1735.94] the old
[1735.94 --> 1736.52] you know
[1736.52 --> 1737.30] I'd be okay
[1737.30 --> 1739.52] maybe not the old FU
[1739.52 --> 1740.42] but I'd be trying
[1740.42 --> 1741.26] to create pressure
[1741.26 --> 1742.62] I'd be trying to say
[1742.62 --> 1743.24] look
[1743.24 --> 1743.80] yeah
[1743.80 --> 1745.06] the way you had it
[1745.06 --> 1745.82] was pretty good
[1745.82 --> 1746.78] so
[1746.78 --> 1748.06] you don't like it
[1748.06 --> 1748.60] okay
[1748.60 --> 1749.84] here's something worse
[1749.84 --> 1750.76] enjoy
[1750.76 --> 1751.92] you've got options now
[1751.92 --> 1752.96] but there's a clear incentive
[1752.96 --> 1753.60] to go for
[1753.60 --> 1754.76] to just go back
[1754.76 --> 1755.46] to the old way
[1755.46 --> 1756.22] yeah exactly
[1756.22 --> 1757.28] so what we found out
[1757.28 --> 1757.78] is that
[1757.78 --> 1758.76] it could cost
[1758.76 --> 1760.10] up to $40 per device
[1760.10 --> 1761.72] sorry
[1761.72 --> 1764.00] $40 a device
[1764.00 --> 1764.82] that's how much
[1764.82 --> 1765.86] the iPhone
[1765.86 --> 1767.16] Apple was paying
[1767.16 --> 1767.86] for the Samsung
[1767.86 --> 1769.04] hold on a minute
[1769.04 --> 1769.38] OLEDs
[1769.38 --> 1770.10] consider
[1770.10 --> 1771.44] consider this
[1771.44 --> 1772.02] you guys
[1772.02 --> 1774.74] the bomb cost
[1774.74 --> 1775.56] of like an
[1775.56 --> 1777.00] iPhone XS
[1777.00 --> 1777.62] bomb means
[1777.62 --> 1778.70] bill of materials
[1778.70 --> 1779.08] yeah
[1779.08 --> 1780.20] the bare
[1780.20 --> 1781.50] hardware cost
[1781.50 --> 1782.04] of something like
[1782.04 --> 1783.02] an iPhone XS
[1783.02 --> 1783.94] or like a Note 9
[1783.94 --> 1785.14] is somewhere in the
[1785.14 --> 1785.60] neighborhood of
[1785.60 --> 1786.26] usually what
[1786.26 --> 1787.74] around $250 to $350
[1787.74 --> 1789.44] that sounds right
[1789.44 --> 1790.22] we actually had
[1790.22 --> 1790.76] all those figures
[1790.76 --> 1791.38] in one of our