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> Are you really saying that Apple has no competition in computers? Of course not. A company need not have a monopoly in every market they compete in. For exam
by tathougies 8y ago
> Are you really saying that Apple has no competition in computers?
Of course not. A company need not have a monopoly in every market they compete in. For example, Apple produces an office suite (iWorks), but due to the competitive nature of that industry doesn't make money off of it.
Apple doesn't have a monopoly on computers, but it does not make much profit off of them. Most of its profit comes from smartphones, where they do have a monopoly on the upper portion of the market, and also within their own walled garden.
For example, in 2015, 50% of Apple's revenue was iPhone: https://www.businessinsider.com/heres-where-apple-really-makes-its-money-2015-7 https://www.businessinsider.com/heres-where-apple-really-mak...
- scarface74 8y agoYou realize that the Mac revenue alone would put it in the Fortune 100....