Somini on 14 February 2013
| 1337 Gamer said: Just goes to show you how much money they make on their products. The fact that they can just arbitrarily decide to slash prices by $200 or so shows how high of a profit margin they have. While I completely despise Apple, mostly because of the cult like popularity and following they have, and how much they rip consumers off I cant ever believe the notion that people are saying about apple being dead. Its not true. Apple will continue to innovate and once investors get their expectations for profits inline with what is truely sustainable their shares will rise again. |
Overpricing your products in not a good business practise. It's not that much different than theft. I mean making a profit is fine and dandy, but not when you try to overdo it. That's how i see it at least and thank God a lot of others with me as well.
And you're right Apple is not dying, i think they'll easily stay relevant for the next 7, 8 years. They are in decline though and the growth they were experiencing will not continue for much longer.
