Apple, a Monopsonist

Philip-Elmer DeWitt:

In this way, according to Dediu, Apple has become not a monopoly (a single seller), but a monopsony — the one buyer that can control an entire market.

That’s Asymco‘s Horace Dediu. And according to Dediu, the biggest challenge for Apple is: using its hoard of cash to address manufacturing bottlenecks to build products like iPads and iPhones faster.

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