Mises Wire
Author:
Ariel Lighterman
Online Publish Date:
In 2007 Apple Inc made a move that changed the whole High-Tech world when it launched the first iPhone. The iPhone easily dethroned Nokia, and became the first smartphone that appealed to technophiles, businessmen, and everyday consumers. Apple generated exceedingly high profits from the iPhone’s success. According to iSuppli, Apple made a $326