Apple has a couple structuraladvantages that distinguish the company from declining businesses of PC hardware makers and commodity cellphone manufacturers, and should help it to maintain its margins.
He talked of the "structural advantages" of investing a big endowment backed by an AAA-rated university, such as allowing you to borrow at low rates when making leveraged bets.
In contrast, systems that simply combine structural elements with power and energy devices, such that each set of materials are acting independently, provide no advantages in system efficiency.