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> Apple is essentially the Louis Vuitton or Prada of computers, The extra utility of LV and Prada products relative to their competitors is zero compared to th
by lotsofpulp 3y ago
> Apple is essentially the Louis Vuitton or Prada of computers,
The extra utility of LV and Prada products relative to their competitors is zero compared to the extra utility of Apple products, for example due to lower power usage and more longevity.
Also, FAANG is just a catchy acronym for high profit/profit margin earning businesses, that also includes Microsoft and a multitude of other businesses that pay well.
- rayiner 3y ago> Also, FAANG is just a catchy acronym for high profit/profit margin earning businesses Most of those businesses are high profit/profit margin precisely because they target sectors such as finance and advertising that are of questionable social value.