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> Apple is wildly delusional on the value that they provide.

I haven't studied it, so I'm speaking out of turn, but I'm thinking that it's cheap for smaller players and expensive for larger ones, and not as a smooth function. NFLX is well past the knee in the curve I guess.

If you buy that, then it's unfair to say Apple is delusional about their value add. On average it's probably fair within reason.



In the same way that the mafia is being fair taking your money for not removing your kneecaps




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