Re: YouTube

[Dan Scanlan <coolhanduke@xxxxxxxxxxxxx>]

On Oct 10, 2006, at 10:17 AM, Jim Devine wrote:

> any thoughts on Google's purchase of YouTube

Apple's stock stumbled $1.55 today, but is slowly working its way
back up as investors reconsider what the ramifications are of the deal.

YouTube's fantastic spurt onto the internet scene (most people hadn't
even heard of it a few months back, I reckon) is because of its
availability to anyone at all.

I predict there will many others like it. It is, after all, an
essential function of the world wide web.

Google has too much money. I think Apple's approach -- providing
unreleased professional video unavailable elsewhere at generally low
cost -- has a better chance of survival.

Google just bought a buskers street corner; there are other street
corners available.

Dan