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Normally I would agree it is a high-risk strategy but how many years do they have to murder the competition on profitability before we admit it succeeded on a vast scale? The iPod was introduced in 2001. Between '03 and '06 its stock value increased by over 10x Their App store opened in '08. Etcetera.
It seems really hard to throw stones at their financial track record since the iPod. Will it continue indefinitely? No way. Every empire is dust in the wind eventually. Will they shrivel up and blow away this year? Not a chance.
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