Apple certainly is in a place that they could illegally crush competitors if they were so inclined, but the fact that they're not doing so seems to make the natural read of the situation that they've been hugely rewarded for making products that customers can't wait to spend their money on. Hardly a disaster.
All joking aside, the fact that Apple could crush anyone but has explicitly chosen not to is worthy of some amount of praise.
I guess only time will tell what they'll do if/when that stops working, they certainly have the potential to unleash hell on their competition if they ever decide to go for market share.
Huh? Apple has huge margins, and they don't undercut their competitors. Lots of companies make products that are a lot cheaper than Apple's.
As for investing, doesn't Apple actually spend less money on R&D than Google or Microsoft?
Uh? They have OK integration and supply managemnt, but they're a very far cry from controlling their entire supply chain. If it were Samsung then yes, they do pretty literally everything under the sun (and more, they have a logistics and transportation arm, I think the only thing they don't have is mining operations).
> can undercut every competitor as well as invest 10x as much as anyone else to beat the competitors.
And yet they don't, they're usually undercut and the usual complaint about Apple is that their products are overpriced for what they are…
Any domination will eventually come to an end, but it can still do bad things in the meantime.
Furthermore, Apple has a ton of competition on both the mobile front (from the Android ecosystem) the computer front (from the Windows ecosystem) and the entertainment front (Spotify for iTunes, ChromeCast for AppleTV etc).
There is a TON of competition in the market, but Apple just crushes everyone on marketing.
About 6 years ago I switched to Apple for computing needs and now I almost never buy non-Apple products when there is an equivalent Apple product. I trust their build quality and trust the decisions they've made with regard to memory, disk space, etc. Unless they start cutting corners I'm going to be a lifelong Apple person.
I recently bought the Microsoft Band and it feels like a Microsoft product. The build quality is not good. The band does not fit well on my wrist. I'm right in the middle between two sizes. The software quality is not good and I got anomalous results. I'm guessing the Apple Watch will be better and give better results.
The bottom line is Apple is very, VERY good at marketing their platform, and much of that marketing stems from the massive fan base they have.
Calling it build quality and trust assumes we consumers are very smart buyers. That's establishing apps not in evidence.
They own or completely control their entire supply chain and can undercut every competitor as well as invest 10x as much as anyone else to beat the competitors.
What a capitalist disaster.