Their margins are so thin because in reality they all compete with The Pirate Ba... | Hacker News

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		yungchin on Feb 17, 2011 \| parent \| context \| favorite \| on: Why are you people defending Apple? Their margins are so thin because in reality they all compete with The Pirate Bay. It's only when you take that competition into account that the 30% starts to sound unreasonable.

alanfalcon on Feb 17, 2011 [–]

iTunes competes with the Pirate Bay with 30% margins and does reasonably well from a revenue perspective.

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