Surely, the Apple employees use Apple's property when creating value. The employees -- presumably -- don't own the desk they sit at, the computer they use at work, the building in which they work. And they don't pay the bill from TSMC when wafers need to be produced -- Apple pays for all these things. It is able to do this, in part, because it has hoarded cash.
I'm sure you wouldn't claim that it's possible for the employees to create the value without the assets owned by Apple. Does the Apple employees have the savings to pay the $100M bill from TSMC, when a new generation of SOCs need to be produced? They would certainly all have to work from home, because they wouldn't have a building they could all sit in, without using the property of Apple.
Seems to me like Apple and its employees are in a symbiotic relationship, that benefits both parties.
I'm sure you wouldn't claim that it's possible for the employees to create the value without the assets owned by Apple. Does the Apple employees have the savings to pay the $100M bill from TSMC, when a new generation of SOCs need to be produced? They would certainly all have to work from home, because they wouldn't have a building they could all sit in, without using the property of Apple.
Seems to me like Apple and its employees are in a symbiotic relationship, that benefits both parties.