1123
Apple jacks prices to juice profits because $19.3B a quarter isn't enough
(www.theregister.com)
this post was submitted on 26 Oct 2023
1123 points (96.0% liked)
Technology
59135 readers
2842 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The solution is simple: Don't participate in the Church of Steve Jobs, don't turn yourself into an Apple disciple (and apologist).
The problem is that since there is no real competition all this shit propagates to other companies. If Apple is charging 1000 for a shitty phone, you better believe others will follow suit and charge 900-1000$
Meanwhile the fucking phone should actually cost 200$...
$200? what fantasy world do you live in?
The cost of making an iPhone 14 Pro was $570 and it sold for $800.
They are focused on services for making big profits, which is why you have to subscribe to a million services
I was exaggerating for effect. I just did a quick google:
A new report details how much it costs in materials to make Apple's top-of-the line iPhone 14 Pro Max. According to Counterpoint Research's bill of materials (BoM) analysis of the iPhone 14 Pro Max with 128GB, the cost is about $464. That model retails for $1,099
So I'm not far off in the price difference. Like I said overpriced bullshit. But you feel free to keep sucking that apple dong.
That’s just the materials used to make it though, what about R&D, software development, etc? I dislike apple but imo the phones are overpriced for a reason. Adding RAM or storage to their computers though… that’s real price gouging.
Nonsense. Apple has like a trillion dollars in cash laying around. So clearly their shit is marked up to such absurd levels, that not only does it cover all costs, including Rd, on top of all of that they still have a trillion in cash leftover. They don't even know what to do with the money except lobby and bribe governments.
Stop defending these price gauging asshole mega corps FFS