The production costs don’t account for the ungodly amounts of money they sink into marketing to brainwash their consumer base into thinking that their phones and other products are worth paying so much for.
Marketing used like that is an insane waste of wealth and productivity IMO.
Trump is a buffoon, but I don’t think more than 2x the cost counts as “razor-thin margins”
The production costs don’t account for the ungodly amounts of money they sink into marketing to brainwash their consumer base into thinking that their phones and other products are worth paying so much for.
Marketing used like that is an insane waste of wealth and productivity IMO.
Apple is the third richest company on the planet. Sometimes first, sometimes second. They didn’t get there by shining shoes.