OpenTable slumps in response to Apple patent application

Apple (AAPL) has filed a patent application for an advanced restaurant reservation/ordering system. The systems would be aware of how much time a customer has spent at a table, would alert waiting customers when a table is ready, and would provide menu recommendations based on customer preferences.

OpenTable (OPEN -4.1%) investors appear nervous about the patent application. However, taking share from OpenTable in the face of the restaurant reservation leader's huge network effect would be an uphill battle, especially if (as one would expect) Apple's offering is only available on mobile devices to iOS users.

OpenTable's services have been integrated with Siri for more than a year.

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Comments (6)
  • thotdoc
    , contributor
    Comments (2038) | Send Message
    Yeah, you talk to your iWatch to make the reservations.
    13 Dec 2013, 12:39 PM Reply Like
  • rrose39
    , contributor
    Comments (1078) | Send Message
    Your username should be Dick Tracy.
    13 Dec 2013, 02:47 PM Reply Like
  • schtoonkmeyer
    , contributor
    Comments (2) | Send Message
    I cannot imagine abandoning ope table for something like that - and I use open table at least three times a month.
    13 Dec 2013, 05:14 PM Reply Like
  • WisPokerGuy
    , contributor
    Comments (1416) | Send Message
    It's never about the "best" product. It's about the product that is marketed the best. And frankly, nobody can market products better then Apple. If I owned OpenTable, I'd be pretty nervous too.
    13 Dec 2013, 06:54 PM Reply Like
  • hko2012
    , contributor
    Comments (752) | Send Message
    OpenTable got Apple'd.
    13 Dec 2013, 09:48 PM Reply Like
    , contributor
    Comments (4) | Send Message
    Pandora got apple'd but strived.
    14 Dec 2013, 09:10 PM Reply Like
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