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“Thanks to its high average selling price and its healthy profit margins, Apple captured 50 percent of global smartphone revenues and more than 80 percent of th

“Thanks to its high average selling price and its healthy profit margins, Apple captured 50 percent of global smartphone revenues and more than 80 percent of the industry's profits in the first three months of 2023” https://www.statista.com/chart/29925/apples-share-of-the-global-smartphone-market/ https://www.statista.com/chart/29925/apples-share-of-the-glo... Apple is amazing at business. Hands down they are a phenomenal business. Destroying all other smartphone makers hands down.

baby 3y ago
Isn't this kind of the same as saying that LVMH is such a better company than Uniqlo? LVMH makes so much more money, but is it something I'm personally interested in or want to buy? That's a different question.
- bhouston 3y ago
  > Isn't this kind of the same as saying that LVMH is such a better company than Uniqlo? Objectively from the perspective of capitalism, LVHM is a better business if it makes more money. That doesn't mean you have to like LVHM products more than Uniqlo. That is personal preference and different from a business perspective.