By John Gruber
For 138 years Lady Liberty watched over us — now it’s time to return the favor.
Horace Dediu:
The result is plain to see: Caring about the product means that it can be priced at a point which consumers care to pay.
Trouble is, judging by how Apple is valued, nobody believes that this is sustainable. Regardless of the evidence within Apple’s own history, it’s the exception, not the rule and the bet continues to be that they cannot continue to remain an exception.
Is Apple going to continue to repeal the laws that govern its industry, as it has for decades, or will it, as the market expects, abide by them?
Three possibilities:
★ Saturday, 22 February 2014