TCampbell
Been spending a lot of time on here!
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- Mar 31, 2012
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When Apple as a company has more value than Exxon does, something would seem to be seriously out of whack with Apple's pricing.
Apple worth $338bn leads over Exxon as the most valuable company in the world | Mail Online
Yes -- but they're not making that on their computer sales. They're making a LOT of money off the iTunes music (which pretty much saved the music industry.) They also get paid on a portion of the data-package for every iPhone they sell. They lead in phone sales (I think there are more total android phones, but android phones come in a LOT of different models. No single model android phone outsells any single model iPhone ... and of course they absolutely crush it in tablet sales. Their app store model has been a huge success as well.
As for computers... not a lot of profit margin in them anymore (not in any computer). This comes up all the time. But whenever some industry rag does a tear down, they find that Apple basically doesn't skimp on the quality of components. When you buy a PC with equivalent components (and you can... they're out there) it turns out the PCs cost just as much (and often more.)
I also appreciate the fact that they're not bringing device manufacturing back to the US.