What kind of stupid thread and poll is this? When was anyone ever happy about price hikes, be it an Apple product or anything else?
The only logical comment in this thread.Doom and gloom, the end is near etc etc... Heard it all before.
A mobile phone is probably the cheapest aspect of everyday life for what usage most people get from them. Its a phone, a camera, a computer, access to the internet, a music device, a portable video player as well as a games console for those that use it as such...
No one is being forced to buy anything. If people want something new, they'll buy it. If they don't, they won't.
Not really sure what the point of your original post was, other than to shout from the rooftops that people will be experiencing hard times. Phones will still sell, I can guarantee you that even in a global recession next years flagship device will be sold out after launch, which proves my point that people will prioritise a new phone over many other things. Whether they should, is a different argument.
A phone that offers so much, for not much more than 10% more than it did 10 years ago isn't really bad at all IMO.
You joined this forum today, posted this one Topic and then argue with anyone who has a different view, or financial situation to yourself it seems.
I think people should read this comment more and really think of the consequences of shutting down mom and pop shops and letting all the big box stores open and thus giving them more control over people's lives for two years. And having their misplaced trust in the government for seriously expecting them to "combat inflation" as well during the lockdowns. Also I'm sorry for the double post.What do people think would happen after everyone (including corporations) got monopoly money for 2 years and businesses were closed?
A business is always going to try to grow profits as much as it figures it can.while i agree with production cost and inflation increasing, you know it’s price gouging because earnings reports say something like 80 billion dollars profit. and the next report will say 90 billion , and the next 100 billion.. key word “profit”
and people with business degrees will claim they need profit to grow, but fail to realize that the tech market is pretty stagnant currently and i’m sure they aren’t investing 70 billion in research and development every quarter because they rehash the same phone/mac/tv etc designs year over year.
Humans have somehow managed to survive a long time without A/C and electric cars.A business is always going to try to grow profits as much as it figures it can.
Price gouging is when the price increases so much that it causes some injustice, ie. people needing a product but no longer being able to get it (key word: need). Think air conditioners double in price during a heat wave, and hybrid/electric cars marked up $20k during a gas price explosion. Although as we know in the latter case, low supply also contributes to price increases. That part can’t be helped. So for the term “price gouging” to apply, it requires a somewhat arbitrarily large price increase that causes people to not able to get what they need. The term doesn’t apply if low supply or inflation are the sole causes which would equally affect the entire industry, or if it’s a product one simply wants. Eg. if Lexus is the only brand increasing their prices because they think people will pay it, then they are free to do so. That’s not price gouging, because those who really need a car always have the option to get a Toyota (cheaper version of Lexus) or really any other cheaper brand.
Exactly, the definition of human “need” has been evolving with the society. Food, water, electricity, internet and phone (naturally, iOS or Android) are all considered as basic needs nowadays. Gouging or not, the bottom line is that once these things become human’s basic needs, it is just not a respectful thing to raise prices as much as corporations want.Humans have somehow managed to survive a long time without A/C and electric cars.
Meh...maybe corporations can stop providing such products and someone else can take the job.Exactly, the definition of human “need” has been evolving with the society. Food, water, electricity, internet and phone (naturally, iOS or Android) are all considered as basic needs nowadays. Gouging or not, the bottom line is that once these things become human’s basic needs, it is just not a respectful thing to raise prices as much as corporations want.
Another bait thread by a Newbie.Another record for Apple in Q4 2022.
Humans have somehow managed to survive a long time without A/C and electric cars.
Exactly, the definition of human “need” has been evolving with the society. Food, water, electricity, internet and phone (naturally, iOS or Android) are all considered as basic needs nowadays. Gouging or not, the bottom line is that once these things become human’s basic needs, it is just not a respectful thing to raise prices as much as corporations want.
Probably should just ban all that greedy private enterprise and let everything be produced by non-profit volunteers, who can set their own prices but can be overruled by Those in Charge.Free enterprise the cost is what consumers are willing to pay. You want or desire the service and or product we’ll pay up.
It's because the chickens are demanding higher wages and death benefits.Chicken wings I eat from the grocery store have gone from $5.49 a bag to $10.99. THAT bothers me and my wallet over the course of a year far more than anything Apple has done.
Be glad you never had any claims. Long story short, I've known people who have been horribly screwed over by Geico, including one tragic case who thought it was funny that the girl in the accident, who suffered a normal life ending brain injury in the accident, called a beaver a seal (pictures on the wall) during one of the settlement discussions.Everything is price hike now. Just left Geico after 13 years. Just turned 40. No claims with Geico. Nothing. Just like that got a 30% price increase. Reading many stating this with Geico. Shopped around and switched to Progressive. By paying it in full saved that 35%. Even doing the monthly payments was still 15% cheaper over Geico. Now with my iPhone…nah I ain’t getting a cheaper phone. Im heavily invested in apple eco system for so many years. With apple everything works good and smooth. I pay for convenience with apple.
Except that with ever increasing prices, new gadgets are increasingly falling into the the bigger purchase category.Perhaps, but recessions can work in counter-intuitive ways. Like the 'lipstick index' thing - some people will put off bigger purchases - cars, property, travel - and buy a new gadget instead. I'm not an economist though, I'm just guessing.
Prices will ever increase because the unit value of money decreases over time, and costs go up.Except that with ever increasing prices, new gadgets are increasingly falling into the the bigger purchase category.