I am wondering if this the fundamental disagreement at the heart of why debates on tax fairness are so unsatisfactory https://twitter.com/_DavidQuentin/status/781763905982824448 …
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Replying to @MForstater
@_DavidQuentin Why do people pay so much for iPhone, and investors rate Apple so highly, if not for R&D, IP (and marketing).
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Replying to @iaincampbell07 @MForstater
if "value creation" was 1:1 with profitability (as you imply) we wouldn't be having the debate in the 1st place!
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Replying to @_ClairQuentin @iaincampbell07
The Appl retail experience is nice & all, but value of the device mainly comes frm IP & brand that seems obv
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Replying to @MForstater @iaincampbell07
but brand value is then enhanced by build quality and the level of sales made.
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Replying to @MaryCosg @iaincampbell07
sure some value in managing production & retail ends -but mostly design & brand
11:55 AM - 30 Sep 2016
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