{"id":44230058,"user":"dymk","time":1749506802,"time_ago":"8 months ago","type":"comment","content":"

Renting out... iPhones?","comments":[{"id":44233687,"user":"mjburgess","time":1749539975,"time_ago":"8 months ago","type":"comment","content":"

https://en.wikipedia.org/wiki/Economic_rent","comments":[{"id":44238207,"user":"moralestapia","time":1749570182,"time_ago":"8 months ago","type":"comment","content":"

So ... what's your point? I don't get it.

That some company is making money?","comments":[{"id":44238371,"user":"mjburgess","time":1749571027,"time_ago":"8 months ago","type":"comment","content":"

That tim cook is reaping the rewards of their earlier innovation. The opposite of economic rent is economic value creation.","comments":[{"id":44238434,"user":"moralestapia","time":1749571422,"time_ago":"8 months ago","type":"comment","content":"

I still don't get your point.

"Reaping the rewards of their earlier innovation" is literally his job.","comments":[{"id":44239237,"user":"mjburgess","time":1749576422,"time_ago":"8 months ago","type":"comment","content":"

The point is that tim cook is less responsible for apple's weath than the innovators before him, he just reaps what others have sowed.","comments":[{"id":44241884,"user":"moralestapia","time":1749592415,"time_ago":"8 months ago","type":"comment","content":"

Ok ... so I guess they should stop selling the iPhone ... out of some sort of ... rules? ... that you're appealing to?

I still don't get your point.

Apple is a public company. It's mission is not to impress @mjburgess but to make money for its shareholders, which they do really well.","comments":[{"id":44246500,"user":"mjburgess","time":1749641709,"time_ago":"8 months ago","type":"comment","content":"

> Cook added 2 trillion (more?) in market cap.

Cook didnt add 2 tr, he collected it. If I plant a field of crops, water, grow etc. them and you turn up after my death to sell them -- who made the money?

Cook presides over a dying field he continues to reap without sowing.","comments":[],"comments_count":0,"level":6,"url":"item?id=44246500"}],"comments_count":1,"level":5,"url":"item?id=44241884"}],"comments_count":2,"level":4,"url":"item?id=44239237"}],"comments_count":3,"level":3,"url":"item?id=44238434"}],"comments_count":4,"level":2,"url":"item?id=44238371"}],"comments_count":5,"level":1,"url":"item?id=44238207"}],"comments_count":6,"level":0,"url":"item?id=44233687"}],"comments_count":7,"url":"item?id=44230058"}

Comment by dymk