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Apple jacks prices to juice profits because $19.3B a quarter isn't enough
(www.theregister.com)
this post was submitted on 26 Oct 2023
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Consumers literally do not have a choice to buy the services the article was discussing -- apple's media streamers -- from someone else. Apple monopolizes that content.
RTFA. It is not about phones.
And even for phones, to get a functionally-acceptable product, your choice is one of maybe 5 manufacturers who all tacitly collude to keep prices up and keep unprofitable consumer choices far, far away.