To earn profit is hard, to do so in an outsized way is very hard
and to do so with consistency shows a defensibility of market
access that is rarest of all. The only cases where this typical is
in a monopoly or protected market situation (aka cronyism.)
Apple’s lack of market monopoly coupled with a (near-) monopoly in
profits can only be explained by disproportionate value creation.
The mystery then is how is it possible to build a monopoly in