denislemire t1_jdxjizx wrote on March 27, 2023 at 10:35 PM

Reply to comment by TehFalcon in My experience sharing my location via satellite in the wilderness with the iPhone 14 Pro by TevaHiker

If you think the $450 million Apple invested to use Globalstar's 25 satelite network will directly compete with the $80 billion invested to build Starlink 3300+ satelite network, I don't know what more to say to you.

At best, the low bitrate emergency messaging/location feature Apple's investment gave the Globalstar network a post-Starlink reason to exist.

Globalstar's market cap is under 2 billion dollars. Investors can thank Apple its still worth anything at all.

You're right about one thing though. Someone on this thread has no idea what they're talking about.

TehFalcon t1_jdxjqcf wrote on March 27, 2023 at 10:36 PM

And that someone is you. That’s only apple’s first round of investment. Things don’t happen overnight. Keep being a shill for elons company though. StarLink was best to market by other Sat companies too :)

Apples Market Cap dwarfs spaceX’s ;)

denislemire t1_jdxl682 wrote on March 27, 2023 at 10:47 PM

I love Apple too... but they're going to need to spend a lot more than $450 million to get a Starlink competitor. If they doubled their initial investment every year starting now it'd take 8 years for them to surpass where Starlink is today... IF Space X decided to launch their birds at cost (why would they do that?)...

Apple has the capital to buy Space X outright, with their loose change but that's not what we're talking about here, is it?

As it sits today and the foreseeable future there is zero comparability between the two offerings.

Amazon wants to build a comparable network but I'll reserve judgement until they get their first bird in the sky.