This week, we talk about the reports (now shot down by Apple) that Apple was doing trials for launching a mobile virtual network operator (MVNO), and the reasons why this might (and mostly might not) be a plausible scenario. Our Question of the Week (which starts at 11:35) tackles a term that’s often bandied about in relation to Apple but that few really understand, which is the “law of large numbers” – Aaron talks us through the real meaning and definition of that law, and why it isn’t really applicable in the way it’s often used in relation to Apple. He also talks about another similar concept called the Gambler’s Fallacy, as well as the history of very large companies. Our final big topic (at 30:18) is the subscriber numbers Apple released for Apple Music the morning we recorded this podcast – is 11 million good or disappointing? And our weekly pick is a singer/album recommendation from Jan.
We invite listeners to submit questions for subsequent weeks in the comments below, on Twitter (@jandawson, @aaronmiller), or via email (jan at jackdawresearch dot com).
Here are some useful links relating to this week’s episode:
- Business Insider’s report that Apple was trialing MVNO services
- Apple’s refutation of the story
- “A history of ridiculously big companies” on Motley Fool
- USA Today’s report that Apple Music has 11 million subscribers
- Natalie Prass’s eponymous album on Apple Music.
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