Wednesday, December 19, 2012

Mobile Phone Smartphone Industry Dominated by Monopolists

Work for a living?
No. "OWN the value chain."

We heard that a news reporter looking for a story allegedly once asked the late millionaire playboy, talented photographer and visionary art collector Gunter Sachs, who inherited a family automobile-based fortune and married movie star Brigitte Bardot, what he was "working on" at that moment.

Sachs allegedly replied in serious humor that he was "working" on nothing, because, as he had said, " you can't earn anything "working" ". And that is undoubtedly true, because we know a lot of working people who in fact earn very little, while those who earn the most do so by "not working", at least, not in the normal meaning of the term.

A modern version of Sachs might for example "do patents".

As they say at Matt Asay at The Register,
Apple and Samsung mobile monsters: 'We only eat RAW CASH'.

Also take a look at Asay's earlier writing:
Apple's patent insanity infects Silicon Valley: Patent trolls go nuclear

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