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My Visit to WeChat and Why They Are Smarter Than Apple and Facebook (13)

The Tech Strategy Podcast

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Affordable Luxury Is a Great Space to Be In

An iPhone in China is an aspirational luxury. You can't buy one every month, but most of the middle class in China can buy one occasionally. So you don't want to just be luxury. You want to be affordable luxury. That's a great space to be in. And they definitely are.

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