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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	6/9/2017 3:56:13 AM
	of 1084

Why Does Apple Think It Can Get Away With Selling Overpriced Stuff? Just because it’s worked before doesn’t mean it can work today. I want to tell you a story about three amazing products. The world’s most popular smart home speaker. The world’s most popular laptop computer. And the world’s most popular smartphone. Which belong to Apple? The speaker? That’s the Amazon Echo. The laptop? It’s a Lenovo or HP. And the phone? Currently, it’s Apple’s iPhone. In the past, Samsung’s Galaxy line has challenged that, though. And if you consider all of the Chromebook laptops and Android smartphones in the world made by different manufacturers? Google wins twice, Amazon once, and Apple not at all. Most investors and fans will assure you that this isn’t a problem. Apple is one of the most profitable companies in history, after all, making $215 billion in revenue last year. And that’s because the company makes money by selling hardware, on average, for about two to three times the price it takes the company to build it. fastcodesign.com

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