> The difference (or at least what would be argued as a difference) is that you have no other choice with Apple (Amazon maybe in a similar situation).
> If I didn't like AirBNB I could use VRBO/whatever else, or I could use both even.
Read what you wrote again, and think about it. If you don't like AirBnB you can use one of the competitors, but there are no competitors to Apple? Would you consider that you might have a blind spot to something very obvious?
For AirBnB (temporary lodging), if you don't like it, typically you're only stuck with it for a few days and you can make a different choice afterwards.
Phones, for many people, are something they will use for years so they're essentially locked in a lot of the time. It's more like long term rentals, where the renter usually gets stronger protections too.
I think we're defining markets differently which is where this is debatable.
If you say that the App Store is an extension of the iPhone and you're buying into that when you buy a phone, sure I can see the argument that the App Store by default has no competitors on the iPhone and people are agreeing to that when they buy an iPhone/develop for the iPhone, and so the competition is Google (and by extension the Play store.
I just don't think we should accept the tight coupling of hardware and software distribution by default though.
Even then if you do, the strongest argument for Apple gives us a duopoly that both exhibit strong anti-competitive behaviours.
I do have some sympathy for Apple here though. When Nintendo takes tight control over distribution on the switch is that also a monopoly? When your product essentially becomes a utility though I think some form of regulation ends up being good for society as a whole.
> If you don't like AirBnB you can use one of the competitors, but there are no competitors to Apple?
There isn't enough competition. Apple is in a monopolistic market position. AirBNB isn't, at least not yet. That's a contingent fact about the current state of affairs, but I think it's true - there's a lot of pressure to be on Apple, whereas there's not much pressure to be on AirBNB.
> The effect of AirBnB on everyday life of people and the economy is in my opinion at least a thousand times larger than any effect that Apple has.
How do you figure? I'd say the effect of AirBnB is pretty much zero; they're an interchangeable provider in what's fundamentally a commoditised business. If you can't or don't want to go to an AirBnB then you go to OwnersDirect or Booking or Agoda or worst case someone's individual website, and you have a virtually identical experience. And if you're a property owner you also don't care and probably list your place on a bunch of different sites.
There are thousands of cities and towns all over the world, where short term rentals – accelerated by AirBnB – has made it impossible for young workers to afford to live where they were born. Real estate prices and rent prices are much more important in the everyday life for all of us, than all information technology combined. Unless you are a multimillionaire in tech stocks. But there aren't so many of them around.
A normal worker today in the US or Europe could if they want afford to buy all top Apple devices or equivalent PC devices, as well as every paid app on the App store. That same normal worker in the US or Europe today can never afford to buy a home, unless he/she goes into lifelong debt, or gets help from family that owns real estate.
> There are thousands of cities and towns all over the world, where short term rentals – accelerated by AirBnB – has made it impossible for young workers to afford to live where they were born.
That has very little to do with short term rentals, and even less to do with AirBnB specifically. Much like "foreign investors", it's just a convenient scapegoat when the real problem is basic supply and demand: there simply isn't enough housing to go around.
> A normal worker today in the US or Europe could if they want afford to buy all top Apple devices or equivalent PC devices, as well as every paid app on the App store. That same normal worker in the US or Europe today can never afford to buy a home, unless he/she goes into lifelong debt, or gets help from family that owns real estate.
And yet Apple's annual revenue is about 30x AirBnB's, and the numbers are similar for profit. That should tell you something about how much of the device/app market Apple controls compared to how much of the housing market AirBnB controls.
I think it has a lot to do with short term rentals, and this is how it works: When a homeowner dies, usually the heirs would go live in that home or sell it on the open market. Maybe using that money to pay off another mortgage.
Today, the heirs will instead keep the inherited home, rent it out seasonally on AirBnB to earn a little money, keep any mortgage they have on the place they live, and reap the value increase of their AirBnB unit every year. That value increase can be used as collateral for many things. In the industrialized world, your yearly salary (value increase) is much higher from earning real estate and doing nothing, than it would be from working any skilled job. AirBnB is an important piece of that whole equation, because it makes it much easier for people to hold onto extra property instead of selling it to somebody who needs a place to live. There is no shortage of housing.
> And yet Apple's annual revenue is about 30x AirBnB's
This has nothing to do with it. Real estate prices and values are much more important in the daily life of people than any consumer product such as Apple. AirBnB does not own the properties, but if you add up the value of all properties listed on AirBnB, that amount would dwarf not only Apple, but the entire stock market.
> Today, the heirs will instead keep the inherited home, rent it out seasonally on AirBnB to earn a little money, keep any mortgage they have on the place they live, and reap the value increase of their AirBnB unit every year. That value increase can be used as collateral for many things.
Money is fungible, finance people can do this kind of transformation with anything and do, all the time. Ever heard of a company or rich individual doing a sale-and-leaseback transaction? That's the same thing in reverse.
> In the industrialized world, your yearly salary (value increase) is much higher from earning real estate and doing nothing... There is no shortage of housing.
On the contrary, the shortage of housing is the underlying reality that makes all the flashy transactions on top work. Why does the value of housing keep going up? Because demand is going up and supply is staying approximately constant, or even going down. Everything else is window dressing.
> if you add up the value of all properties listed on AirBnB, that amount would dwarf not only Apple, but the entire stock market.
Maybe, but those properties are listed on a bunch of AirBnB competitors at the same time. AirBnB has very little market power over them; if they try to hike up the rates or anything they'll lose their customers. The real estate market is important. AirBnB isn't.
Difference is that AirBnB hosts can put their properties on multiple short let services, and access broadly the same market.
The same simply doesn’t apply to App on iPhone. AirBnB would only be equivalent if it was impossible for hosts to list their properties in multiple places and AirBnB customers where effective tied into the AirBnB platform where they would have do something ridiculous like change their electricity supplier to use an AirBnB competitor (because for some reason AirBnb have figured how to build a tightly integrated ecosystem of utilities and services that effectively force you to use them all together to get the most benefit).
And I say this as someone who’s fallen a long way down the Apple rabbit hole, and quite likes it down here. If multiple options for app stores and payment mechanisms existed, I would probably stick with Apple and happily pay a premium, because I value the convenience and peace of mind that comes from only having to trust Apple with my data. But that doesn’t mean that I think Apples behaviour is any reasonable or acceptable.
> If I didn't like AirBNB I could use VRBO/whatever else, or I could use both even.
Read what you wrote again, and think about it. If you don't like AirBnB you can use one of the competitors, but there are no competitors to Apple? Would you consider that you might have a blind spot to something very obvious?