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by heavyset_go
1613 days ago
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Apple's profit margin on the App Store was ~80% in 2019[1]. In a healthy market, competition would lead to increased efficiencies and more savings for consumers that would cut into those margins. Instead the market has stagnated because competition was forbidden, and one company profits handsomely from it. [1] https://www.bloomberg.com/news/articles/2021-05-01/apple-s-a... |
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