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Apple is a counter example. They have stiff competition, control a minority of the market, but make more than all the other players combined.
by cromwellian 12y ago
Apple is a counter example. They have stiff competition, control a minority of the market, but make more than all the other players combined.
- qq66 12y agoThat's true now, but it's a fairly recent development in Apple's history. It remains to be seen whether Apple can maintain its enviable position in the long term.
- elchief 12y agoA.k.a. "monopolistic competition" - a pretty bad term IMO
- prostoalex 12y agoIt's not like they're not building a moat, with things like Facetime, iMessage and AppStore, which exist only within Apple ecosystem. Analogs of them exist outside of that ecosystem, but it's not like the apps you've bought through iTunes AppStore will magically work on Windows Phone, should you decide to switch.
- cromwellian 12y agoI don't know anyone who cares one iota about Facetime. The AppStore is the only real moat because you pay all that money and can't take the apps out of the platform. Facetime and iMessage can be replaced with any number of cross platform third party alternatives, many of them better.