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He collected 2tr in rent





Renting out... iPhones?


So ... what's your point? I don't get it.

That some company is making money?


That tim cook is reaping the rewards of their earlier innovation. The opposite of economic rent is economic value creation.

I still don't get your point.

"Reaping the rewards of their earlier innovation" is literally his job.


The point is that tim cook is less responsible for apple's weath than the innovators before him, he just reaps what others have sowed.

Ok ... so I guess they should stop selling the iPhone ... out of some sort of ... rules? ... that you're appealing to?

I still don't get your point.

Apple is a public company. It's mission is not to impress @mjburgess but to make money for its shareholders, which they do really well.


> Cook added 2 trillion (more?) in market cap.

Cook didnt add 2 tr, he collected it. If I plant a field of crops, water, grow etc. them and you turn up after my death to sell them -- who made the money?

Cook presides over a dying field he continues to reap without sowing.




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