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IFB277: Defining Apple’s Moat By Looking at the Components
The Investing for Beginners Podcast - Your Path to Financial Freedom
Apple's Pricing Power
I think they have that pricing power because they've created a product that people like and want to have. It's also a bit of a status symbol as well. And so even though the prices do keep going up, $1,000 for a phone is a lot of money. They haven't reached that ceiling where people are like, you know, where they start looking for alternatives.
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