Apple’s Big Business: Mises is Right, Senator Warren is Wrong

Source: American Institute for Economic Research
by Kimberlee Josephson

“Apple’s competitive advantage in relation to product innovation and iOS integration is what propelled the iPhone’s popularity within the United States, but on a global scale Apple’s smartphones can’t seem to catch up with Android. At roughly 70 per cent market share, Android dominates the international smartphone space and, in India, Android holds an impressive 95 per cent. Apple also falls short as a favored smartphone choice in China where Vivo, Huawei, and Honor are preferred. Brands battling it out for attaining market share is to be expected but battling with bureaucrats is also now becoming commonplace. And, for Apple, political officials are targeting the firm’s core competitive strategies.” (05/07/24)