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Big Revolution - Dangerous to have hanging around

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Welcome to Friday's Big Revolution. As it's the day after Thanksgiving, we're not exactly overflowing
 
November 23 · Issue #271 · View online
Big Revolution
Welcome to Friday’s Big Revolution. As it’s the day after Thanksgiving, we’re not exactly overflowing with news, but there’s still lots to read here, as ever.
Martin

Big things you need to know today
  • Many popular VPNs have strong links to China, a study has found (via the FT). In some cases, they share data with third-parties in mainland China. Be careful who you choose as your VPN provider!
  • You can now stop contacts exporting your email address from LinkedIn. Good – I have no idea why they ever thought that was a feature anyone except spammers and people desperate to send you their newsletter would want. TechCrunch has the details.
The big thought
Credit: Przemyslaw Marczynski on Unsplash
A dangerous idea to have hanging around
Apple made headlines with its recent announcement that it will no longer report how many units of its devices it sells each quarter. That may frustrate analysts and reporters, but it also leaves an open goal for people who have an interest in Apple’s image being tarnished.
This week has seen a few stories floating around about how demand for Apple’s latest iPhones is lower than expected. Whether this is true or not, there are plenty of people who would like it to be – people who want to short Apple’s stock price, rival smartphone companies…
And because Apple isn’t going to tell us how many iPhones it’s sold this quarter, we’ll never know.
There’s an argument that as Apple diversifies into subscription-based revenue for services like Apple Music and iCloud, device sale numbers simple aren’t as important as they once were.
And Amazon and some other companies don’t break out device sales numbers in their earnings reports, but Apple’s ongoing success as the most valuable company in the world opens it up to particularly high levels of interest and analysis.
By not telling us how many devices it’s selling, Apple leaves itself open to FUD-merchants, altering our perception of the iPhone’s success through a drip-drip of stories about missed sales targets that it can’t confirm or deny.
And regardless of how the smartphone market is doing as a whole, ‘people don’t buy iPhones anymore’ is a dangerous idea to have hanging around.
One big read
Sweden’s Push to Get Rid of Cash Has Some Saying, ‘Not So Fast’ Sweden’s Push to Get Rid of Cash Has Some Saying, ‘Not So Fast’
A cashless society isn’t necessarily the utopia some would have you believe.
That’s all for today...
See you tomorrow for the usual weekend edition, packed with good reads. If you like this newsletter, please recommend it to a friend or colleague by sending them this link.
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