Kate on why critics ignore Apple’s math:
Investors and critics are shortsighted. Apple is a company made up of many components and few critics seem to understand some of the underlying principles of such numbers. Let me call them Apple’s crazy numbers. Crazy? As in crazy valuable, mostly ignored, often misunderstood.
What are those crazy numbers?
iPhone revenue also constitutes more than 60-percent of all smartphone industry revenue, and more than 80-percent of the entire industry’s profits. Samsung gets the majority of the leftovers. What do those numbers say about the health of the rest of the industry?
Let me guess. Apple is doing very well. Samsung is doing well. How do competitors stay in business?