They can charge a high margin because of a lack of suitable replacements. That there is a lack of suitable replacements means the product (which consumers evidently highly value) very well might not exist if not for that company making it. Companies that make high quality products being rewarded with profit is something that encourages other companies to make high quality products.
"Shouldn't this make you less trusting of Apple and their intentions instead?"
No. My default assumption is that the intentions of every for profit company is to maximize their profits. Maximum profit determines the price a product will sell at and a company that sells at a price that minimizes profit will quickly find itself in bankruptcy court.
Due to shifting exchange rates it might cost Apple 5 bucks more or less to make the exact same ipad next month and their profits will increase or decrease accordingly but that doesn't have any impact on the buyer who gets the exact same ipad.
They can charge a high margin because of a lack of suitable replacements. That there is a lack of suitable replacements means the product (which consumers evidently highly value) very well might not exist if not for that company making it. Companies that make high quality products being rewarded with profit is something that encourages other companies to make high quality products.
"Shouldn't this make you less trusting of Apple and their intentions instead?"
No. My default assumption is that the intentions of every for profit company is to maximize their profits. Maximum profit determines the price a product will sell at and a company that sells at a price that minimizes profit will quickly find itself in bankruptcy court.
Due to shifting exchange rates it might cost Apple 5 bucks more or less to make the exact same ipad next month and their profits will increase or decrease accordingly but that doesn't have any impact on the buyer who gets the exact same ipad.