> Funny how you say total spending and then argue with a percentage
... so? Total spending is the key factor; Apple gets exposure to 25% of the total human economy by catering to one polity which is also the easiest one to do business in. That's a no-brainer if I've ever heard one.
By contrast, India's economy is only 3% of the world total. [0]
It's interesting to note that this understates US dominance in luxury products - due to being rich-person-friendly, they actually have far more than 25% of the world's rich people - 38% according to page 28 of [1]
It's not either-or and they do cater to the rest of the world. But when they release something new, they'll always try to make it work for their US customer base first.
If you check these specs in a month, it'll probably tell you the size in mm. I just checked the iPhone page from here in Canada and it says this: 5.77 inches (146.6 mm)
... so? Total spending is the key factor; Apple gets exposure to 25% of the total human economy by catering to one polity which is also the easiest one to do business in. That's a no-brainer if I've ever heard one.
By contrast, India's economy is only 3% of the world total. [0]
It's interesting to note that this understates US dominance in luxury products - due to being rich-person-friendly, they actually have far more than 25% of the world's rich people - 38% according to page 28 of [1]
Which market would you rather target?
[0] https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_rec...
[1] https://www.ubs.com/global/en/family-office-uhnw/reports/glo...