Apple the Greedy Pig?

[*LTD*]

All companies are greedy pigs. Apple is just playing the greed game better then anyone else right now and that makes some people very angry.

"Some people" = tech-heads on Apple sites with an overwhelming sense of entitlement. And probably one hackintosh too many.

 

[vvswarup]

be interesting to see if after this 30% revenue backlash apple changes its tune at all. i'd be willing to guess they just tone it down a bit but keep the same general melody. the latest to speak out: http://www.cnn.com/2011/TECH/mobile/02/16/developers.unhappy.mashable/index.html?hpt=Sbin

It's the same cut that Google takes from its Android developers. Microsoft will also be taking a 30% cut for Windows 8 apps.

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The latest:
http://www.appleinsider.com/article...k_anti_trust_concerns_as_developers_rage.html

Now they've got a bit of cash and success, they're turning into w#####s. They don't have to be so greedy, they'd still be wiping the floor...

You're absolutely right. A for-profit business is going wake up one fine morning and say, "You know what, we're making too much money so we're going to cut our prices."

 

[vvswarup]

What's new? Apple has been driven by über-greed for as long as I can remember. They have a rare and shameless kind of thirst for money, it's pathological and goes way beyond what most hardened capitalists would dare dream of. They peddle Chinese-made commodities and pretend like it's exquisite super premium stuff hand made by German engineers. Whatever profit margin competitors have, Apple wants twice that, and then they cry and moan until they figure out a way to quadruple that, all with a bold sense of entitlement that can turn Tea Party fans into communists just from the audacity of it all.

However, at the end of the day, they do make great and desirable products, and if you want to ride that train you're just gonna have to condition yourself to overlook that one-of-a-kind greed because it's not going anywhere. I did it and it worked, I'm "happily" paying their asking prices now, the only residual problem is this weird eye lid twitch I get sometimes when I buy anything Apple.

Your post is the prototypical case of someone with an irrational hatred of all things Apple, irrational being they key word.

- "Apple peddles Chinese-made commodities and pretend like it's exquisite premium stuff hand made by German engineers:"
Tell me about the HTC Evo 4G. Tell me about most things that we buy in the US.

- Profit margins
Guess who has higher margins, Apple or Microsoft. Hint: not Apple.

It is easy to side with David against Goliath because David is David. It was easy to support Apple all these years because Apple was David. Apple has now become Goliath in the eyes of the media. It is easy to say that Goliath has no rights because he's Goliath. It takes courage to stand up for Goliath. Evidently, many people on this forum don't want to give Apple the fair shake that they deserve because it's too hard. It's much easier to regurgitate hit-mongering journalists' sound bites.

 

[Tiggs]

Nope. Sounds like someone is jealous. Just buy some AAPL stock to comfort yourself with and have your own piece of the pie

 

[KingCrimson]

Nope. Sounds like someone is jealous. Just buy some AAPL stock to comfort yourself with and have your own piece of the pie

Right now at over $400 it's a game for the wealthy. You had to have bought it 10 years ago to be reaping any big rewards now.

 

[RWinOR]

Most companies in high tech try to achieve (or better) the profit margin that Apple achieves. Microsoft, for example, has higher profit margins (%) than Apple.

A business has to reap profits to grow and expand. The question is "how much is too much"? It seems true that an industry full of competing companies with informed consumers can better decide that than any government (or individual consumer, for that matter).

But if you want to vilify companies for reaping profits, you can start with this list which make Apple look saintly:

1. Clothing
2. Water
3. Beverages (Coffee, Soda, ...)
4. Medecine (if you are in the States)
5. Cosmetics

you need to add

Oil company's,
Furniture Stores
Mattress company's

Edit thought of a few more greedy businesses. These guys take greed to a whole new level.

Entertainment industry
Professional Sports