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gruez 10 months ago

Why compare to Apple, when the healthcare is arguably more complex and expensive?

lordnacho 10 months ago | parent | next [-]

They are just other things people commonly spend money on

chii 10 months ago | parent | prev [-]

the original OP is claiming that the healthcare industry is too profitable. So you have to compare it to something to see if it is too profitable.

gruez 10 months ago | parent | next [-]

Right, but why use Apple ($800 phone every 2-4 years) compared to say, an automaker ($40k in depreciation over 10 years) or a REIT ($2000 in rent every month)? Moreover, why focus on absolute profits? If the healthcare industry split into 3 (eg. doctors, dental, drugs) but with the same margins, does that mean they're suddenly not "too profitable"?

intended 10 months ago | parent | prev [-]

Nothing compares to tech. These are not equivalent comps.