| Cerebralbore101 said: Companies like MS and Google can still get broken up. We just need political change. Edit: That political change is usually brought on by economic failures. The USA broke companies up from the 1930's onward, for example. |
There is no political desire to break them up.
These Tech behemoths are the stock exchange darlings that provide the rich a very lucrative return on investment.
The EU tends to have the testicular fortitude to make this kind of thing happen, but the USA? Not so much, that country literally does everything for the rich.
| Cerebralbore101 said: Here's what you don't seem to understand. Sane companies aim for 10% profit margins and hope for the best. You'll learn that in any business class. Sony for example has made anywhere from 0% profit to 13% profit per year from 2012 to now. Recently, Nintendo has had profit margins as high as 35%, but that's a result of the Switch being a revolutionary product that sold like hotcakes. During the Wii U era Iwata cut his own pay to keep from having to fire employees. Nintendo has had multiple times in which their company nearly went under. MS on the other hand mandates 30% profit margins for doing jack-all. And they will take whatever insanely anti-consumer, anti-environmental, anti-employee actions they need to, to get to that number. |
False.
If you had actually done business class, you would know that companies try to maximize prices and profit margins to the maximum the market will bare.
Intel, AMD, nVidia and other silicon companies aim for a 60% profit margin.
Software platform holders like Valve, Microsoft, Google and Apple try to aim for a 30% profit margin.
If you are a company that is trying to achieve a large market presence, which is the tactic that companies like Netflix and Amazon took when starting out... You throw profit margins out the window, maybe even run at a loss until you get enough of a userbase where you start to optimize your company for making as much profit as possible.
Nintendo has also never been in a position where they were financially unviable.
Even during low-points like the WiiU era, Nintendo has significant cash reserves and still had a moderate success with the 3DS.
Nintendo has maximum profit margins on it's software as they are always high priced, this is putting profits over people.
This is reality.
Nintendo or any other for-profit company doesn't give two shits about you or anyone else, they exist purely to make money and provide a return to shareholders.
To argue and defend otherwise is just having your head buried in the sand.
| Cerebralbore101 said: There's a difference between a company that hopes to make 10% profit and a company that demands to make 30% profit on everything. |
Companies will always charge the maximum the market will tolerate for maximum profit. Always.
| Cerebralbore101 said:
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If you had actually bothered to read my prior post, I actually made a DISTINCTION between how companies operate differently.
| Cerebralbore101 said: Edit: You are basically trying to argue that all capitalism is bad and that is a very politically/economically uninformed view. Read American Amnesia to get a better understanding of how capitalism is supposed to operate, when it is healthy. |
No. That is a lie. Do not put words in my mouth.
I am actually Pro-capitalism... As it's typically the most efficient model to distribute resources efficiently.
I am just not going to defend multi-billion or trillion dollar companies that exist to maximize profits, it's fucking stupid.
It doesn't help or protect consumers, it does the complete opposite.
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