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Apple, Adobe, Flash and the US Government.

|Includes:Apple Inc. (AAPL)
Much has been written about Apple and its treatment of Adobe Flash on the iPhone, iPod Touch and the iPad. For example:

 

  1. Steve Jobs' posting on the Apple web site
  2. Blog post by Adobe's CTO, Kevin Lynch
  3. Wall Street Journal's interview with Adobe CEO, Shantanu Narayen

In a so-called free market, where everyone is free to pursue economic happiness as they see fit as long as they do not hurt people or property, etc., it seems rather strange that the US Government wants to pursue anti-trust probes against Apple on this account. If Apple wants to give a nice user experience in the way they create their products, they should be free to do so; if Apple doesn't want to deal with a 3rd party between itself and the developers for reasons discussed in Jobs' post, it should be free to do so; if it wants to lose out on the additional consumers that it would otherwise have acquired had it supported Adobe Flash, it should be free to do so; in either case, consumers will vote with their wallet appropriately. 

As an investor, you want to assess whether Apple's attitude is deserving of your investment.



Disclosure: Long AAPL.
Stocks: AAPL