Your entire rant completely forgets that Apple runs, on average ~70% profit margin ($700 phone costs about $200 to make). Samsung's profit margins aren't AS high, but still are massive which help drive profit.
Your analysis pretends that Apple and Samsung are selling very custom hardware at a margin, and so one cannot beat the margin AND beat the custom hardware.
But there is a LOT of wiggle room to experiment with price when the incumbents are running 70% profit margins.
Your analysis pretends that Apple and Samsung are selling very custom hardware at a margin, and so one cannot beat the margin AND beat the custom hardware.
But there is a LOT of wiggle room to experiment with price when the incumbents are running 70% profit margins.