> "The industry is acting like a low-competition industry, scaling back investment and plowing its profits into dividends and share buybacks and merger efforts.

> "The industry is acting like a low-competition industry, scaling back investment and plowing its profits into dividends and share buybacks and merger efforts." Apple must be operating in a low competition industry then ;-) I am reading a lot of this noise, like the article, as, uhm, a naive perspective of business and economics through a political lens. It's like blaming retailers for inflation.