Business Investment

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Well, the artist, obviously, and the cost of recording the music in purchasable form, but that's basically it. Everything else in that cost chain benefits someone other than the customer. Hence, under Cook's Law, everything else is As Schonfeld points out, Apple chose to model its iPhone on the cell phone business. Now cell phones have a lot in common with the traditional music industry. It is a complex business model with a lot of features that add no value