Quote:
Originally Posted by jfman
Nobody says that you can’t generate profits, as you say it creates tax revenues. My point, which you seem to have missed, is that economic theory is that suppliers enter the market and drive down prices
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You’re obviously very knowledgeable in “economic theory”.......................
Supply, demand etc but most importantly choice, desire. Products that beat the market, and accelerate before competing suppliers can catch up and when they do their response is inferior.
iPod v zune
Windows v Top view, visi on, Gem
iPhone v no-one (it took years for anyone to get near it)
So these examples of apple v Microsoft ( and both made duds along the way) but they were both so ahead of everyone else they made their founders billions. Do say that is wrong? That they should have had their wealth stripped from them?
Both have massive charitable foundations by the way.