[codexon]

Apple is really starting to subscribe to the competition is bad for business standpoint.

Competition is bad for any company that seeks to maximize profits. That is just a fact of life. You cannot hope to innovate forever and expect demand to grow or even remain steady for all but a few markets.

A monopoly is bad for the consumer (most of you) but it is definitely good for the company.

[Tycho]

To maintain a monopoly in itself would be expensive and not necessarily the way to maximum profits (there is always the threat of outside investors). Innovation of course costs money but if a company remains stagnant (because its profits are unaffected by competition) then it runs the long term risk of becoming obsolete when substitute technology comes onto the market. You could say competition is a short-term cost but non-competition is a long-term disaster.

In Apple's case, though, there's already plenty of tough competition going on.

[ohashi]

in the short run.