A Quote by Franklin Foer
Apple was very important in terms of disrupting the music business and remaking the television business. They made it harder for people to make money on the things that they produce. In news, they've created Apple News, and they've tried to steer people towards information.
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But Apple really beats to a different drummer. I used to say that Apple should be the Sony of this business, but in reality, I think Apple should be the Apple of this business.
When you look at Apple News and where it started, I want it to be available to everyone. But we also want to make sure the news producers are legitimate... We're very concerned about what's news items and what's clickbait.
I'm not in the news business and won't tell people how to do their job. I'd like to restore trust in the news business, though, and feel that restoring fact-checking will really help. News business realities mean that such fact-checking has to be practical, it has to be fast and cheap.
I'm confused about who the news belongs to. I always have it in my head that if your name's in the news, then the news should be paying you. Because it's your news and they're taking it and selling it as their product. ...If people didn't give the news their news, and if everybody kept their news to themselves, the news wouldn't have any news.
If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more important that the public understand that difference, and choose their news sources accordingly.
I don't think I have ever learnt a difficult lesson. Probably sports betting, which I have lost money on. I did lose money on Apple. You'd have thought you could only make money on Apple but I was one of the people who managed to lose.
It's not about charisma and personality, it's about results and products and those very bedrock things that are why people at Apple and outside of Apple are getting more excited about the company and what Apple stands for and what its potential is to contribute to the industry.
I think in politics, in Congress, you often do things that are Republican, or you do things because you're a Democrat. Sometimes that's good, obviously, and sometimes that's obviously bad. But in the news business, there's no such thing as Republican or Democratic news. News is news.
I made a lot of money and had a great time playing with the words that make up the news. I exploited the laziness behind the news and people's reading habits.
Businesses that distribute information and news are in the business of training and teaching people.
Part of the film business is, if you want an apple, you buy an apple.
It might take some here and there, but Apple's market share in the global computer business has really shrunk pretty far, and where they've been making success recently is not in the computer business but in the iPod music business.
The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good news and wishful thinking to bad news; and that there are always vested interests to offer facile, optimistic alternatives to the bad news.
The most important thing is that you make sure you follow the music, which is a musician's way of saying follow your heart. The two things are intertwined. You know, when you even mention the phrase "music business," the older you get, the sourer it sounds. It's a terrible business, you know. Music and business have nothing to do with each other; there's no correlation, so it's always a rub. I would encourage people, don't be swayed by the music business. If you're truly, in your heart, a musician, stay one, and let the business find you.
It has become harder and harder in the United States to make films unhampered by outside influences. I've always been able to steer clear of that and keep the business people out of my hair completely.
I consider Apple to be very closed. Let's say you have a book business, and you are charging 5 to 7 percent gross margins; you can't exist in an Apple world because they want 30 percent, and they don't care that you only have 7 percent to play with.
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