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A minor correction. Apple grew the majority of its wealth from the iTunes Store with exclusive agreements with rights holders and then repeated that pattern of
by austin-cheney 3y ago
A minor correction. Apple grew the majority of its wealth from the iTunes Store with exclusive agreements with rights holders and then repeated that pattern of exclusivity with its App Store on iPhones. Everything else is less than 10% of their valuation.
- Rury 3y agoOnly if you completely ignore the fact that Apple wouldn't have continued to exist, let alone the iTunes Store and the iPhone coming to exist, if it weren't for Steve Jobs saving the company in the 90s by prioritizing the customer experience above all else, and help making said products come to fruition in the first place. All of Apple's success stems from that. There would be no iTunes or iPhone customers to charge without, you know... iTunes or the iPhone, or if Apple had gone bankrupt. In other words, Apple would have never have grown to be so successful in the first place, if it never had made a good product in the first place. Steve Jobs himself was vocal about this: https://www.youtube.com/watch?v=tGKsbt5wii0 https://www.youtube.com/watch?v=tGKsbt5wii0