Not sure why it's sad that LVMH is the largest company in Europe and outstanding that a luxury hardware manufacturer - Apple - is the largest public company in the world (by a decent margin).
> One is significantly harder and has more utility than the other, indicating an achievement in knowledge and application of that knowledge rather than using figuring out ways to sell people status signals.
But which is which? Because this could apply in both directions. Bags are undeniably useful, even if LVMH's are ridiculously overpriced. But people have also always complained that Apple is overpriced, and mostly selling people status signals.
And Apple is the most respectable of the Big US companies, because Tesla is all hype, Google blatantly abandoned its "don't be evil" creed, and Amazon is known for its inhuman labour conditions.
I don't think any of these are companies to be proud of. We need better. And better is probably not bigger.
- Sent from my iPhone.
I can't find the median, but the average new car price in the US got close to $50k. Which certainly doesn't come close to the average price paid per car currently on the road.
I believe that's both. iPhones seem to be more popular than Android ones on the secondhand market anyway.
'total device shipments':
https://www.counterpointresearch.com/us-market-smartphone-sh...
Statcounter mobile OS (yes, technically tablets and other devices are counted here, too):
https://gs.statcounter.com/os-market-share/mobile/united-sta...