Comment by mjburgess
7 days ago
That tim cook is reaping the rewards of their earlier innovation. The opposite of economic rent is economic value creation.
7 days ago
That tim cook is reaping the rewards of their earlier innovation. The opposite of economic rent is economic value creation.
I still don't get your point.
"Reaping the rewards of their earlier innovation" is literally his job.
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.
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.
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