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by yowzadave
682 days ago
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Apple really is an unusual phenomenon--in most other industries, the bulk of the profit is made on mass-market products, while high-end products are able to cater to a niche that is willing to spend much more. In smartphones, however, the highest-end product you can buy is actually quasi-mass-market--there is no Ferrari or Rolex of smartphones, an iPhone is legitimately the best product you can get, and it's within reach of a substantial portion of the buyer's market. Not sure if this is good or bad, but it's certainly unusual, and it's part of the reason that this "monopoly" question is sometimes confusing--Apple makes by far the most profit despite also selling the highest-end product, and their unit sales, despite being somewhat less than Android, are still in the same ballpark. |
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