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Comment by cesarvarela

13 hours ago

Some of that is debasement, but some of that is that there is no other brand like Apple.

Would you not own stock of the most valuable brand in human history?

It's not the brand - it's not like Apple's hit this valuation in isolation Meta, Nvidia, Google, Microsoft all enjoy similar.

It's the cash-money value of putting a fee on all digital goods and subscriptions and cash transactions in a world predisposed to forming and consolidating around monopolies. What does Apple's services revenue look like in another 20 years when Africa, China and India are paying their smartphone provider every time a dollar moves, a few billion more people paying one of two companies every time for their music, movies and tv, games, books, real-world transactions... in de-facto perpetuity.