> Apple is wildly delusional on the value that they provide. I haven't studied it, so I'm speaking out of turn, but I'm thinking that it's cheap for smaller pl

> Apple is wildly delusional on the value that they provide. I haven't studied it, so I'm speaking out of turn, but I'm thinking that it's cheap for smaller players and expensive for larger ones, and not as a smooth function. NFLX is well past the knee in the curve I guess. If you buy that, then it's unfair to say Apple is delusional about their value add. On average it's probably fair within reason.