Charlie Wolf: Apple's Mac is a river that flows upstreamIt defies the laws of economics, writes Needham's Apple analyst. The iPhone, not so much.
<p>FORTUNE -- Apple's (AAPL) computers cost more than its competitors' -- an average of $700, according to Needham's Charlie Wolf. Yet its market share, as indicated by Figure 1, has grown in 10 out of the last 11 years.</p>
<p>iPhones also cost more than the competition. Yet Apple's worldwide smartphone market share peaked at 23.8% in December 2011 and has been bouncing
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Charlie Wolf: Apple's Mac is a river that flows upstream