Technology became so cheap in a large part because production shifted overwhelming to Asia with a lower cost.Thank you and very informative. I like everything except the last part. You could argue technology was as expensive as it was because of supply and demand. Over time, tech usually becomes cheaper (look at TV's)
Also, to provide a link about Apple's historic profit margins: https://www.washingtonpost.com/arch...d-apple/6a05586d-f3de-4991-b0bb-944ac59ee44e/
"From 1981 to 1991, Apple's gross margins ranged from 42 percent of sales to more than 53 percent."
Again, early Apple was about high margins. Apple is still about high margins. Apple has mostly maintained those margins over its entire history (with lower ones for a while in the 2000s before they picked up in later 2000s and early 2010s). Whether someone agrees with a margins-focused business plan is personal economic ideology. I simply point this out to clarify that Apple has always been a higher margins company. Tim Cook didn't instill this business model into Apple, it was that way from the beginning.
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