Charlie Wolf: Apple’s Mac is a river that flows upstream

April 1, 2014 Posted By: Leave a comment
It defies the laws of economics, writes Needham's Apple analyst. The iPhone, not so much.

FORTUNE -- Apple's (AAPL) computers cost more than its competitors' -- an average of $700, according to Needham's Charlie Wolf. Yet its market share, as indicated by Figure 1, has grown in 10 out of the last 11 years.

iPhones also cost more than the...

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