Apple has built a truly sustainable competitive advantage and is definitely worth the current valuation premium. If you’ve just upgraded your iPhone you will not be happy if Apple is bringing out a new one in a few short months. In addition to launching both iPhone 5 and iOS 5, there will be the new iTunes 11 bought to you from the Cloud. Expect a very clean design and iCloud will be closely...
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Reactions to Apple - A Rare Case of Sustainable Competitive Advantage
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