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Some of it is the price premium, but Apple also enjoys some efficiencies that the Android clone makers don't. The more efficient iOS and smaller variation in hardware over their more limited number of models means they can lower costs while still putting out a top shelf product.

Tight control of the supply chain from top to bottom pays dividends over the years.

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Yes, that's a good point. Their scale, vertical integration, and low number of distinct models do likely give them a margin advantage.

Are you living in the dream California? There are lots of places out of California they can't afford iPhone, or can't afford any phone more than $200, and that's the reality world. So, let Apple make money from those rich consumers, and let Chinese manufactures to make money from the other non-rich consumers.

I think the point is the Chinese manufacturers are making minuscule amounts from non-rich consumers. Most of the money is being made by Apple

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