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It’s amazing that apple that makes so much money for a company that isn’t rent seeking in the most general sense like oil or finance. They’re honestly in a hig
by endisneigh 4y ago
It’s amazing that apple that makes so much money for a company that isn’t rent seeking in the most general sense like oil or finance.
They’re honestly in a highly competitive industry, even considering their monopolistic practices. Their execution is really good.
Apple will be discussed in business classes for a long time after it inevitably is supplanted.
- deleted 4y ago[deleted]
- dgrin91 4y agoExcept for the 30% rent the seek for using their app store.
- endisneigh 4y agoSure, but that’s not a given like say sitting on a bunch of oil reserves.
- rektide 4y agoYeah, oil reserves take ongoing effort to dig up & mine.
- qbasic_forever 4y agoWhat monopolistic practices? They aren't buying competitors like Lenovo and shutting them down. They're just building a good product that people want to buy.
- endisneigh 4y agoThey notoriously strong arm their suppliers. I won’t say I wouldn’t do the same in their position but it is what it is
- qbasic_forever 4y agoIf that were enough to be a monopolistic practice then Walmart would have been shutdown decades ago. That's just how business is done in the US.
- endisneigh 4y agoWalmart also has had monopolistic practices, yes. Not sure where you got shut down from.