> It's a big part of why Apple is so fucking rich. Should only Apple be permitted to make real money? I don't think so.
Apple is rich because they've optimized the hell out of their supply chain and through some clever marketing have convinced (rightly or wrongly) people that it's somehow reasonable to charge $200 for 64GB flash storage upgrades on their devices that only cost them ~$20. They are probably the only company in the world that have consistently run 20%+ profit margins on selling hardware ALONE. Their services revenue from streaming and arcade are puny in comparison. Even throw in the cut they take from app store sales, compared to hardware it's relatively small.