Linked by Thom Holwerda on Sat 28th Jul 2012 10:10 UTC
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RE[6]: Getting tired of iSheep
by Dr.Mabuse on Thu 2nd Aug 2012 04:29
in reply to "RE[5]: Getting tired of iSheep"
The definition of price gouging is pretty clear. It's not as if there's a lot of grey area to debate. By that very definition, Apple certainly isn't price gouging.
Wikipedia on Price Gouging: "Price gouging is a pejorative term referring to a situation in which a seller prices goods or commodities much higher than is considered reasonable or fair"
It's also not as if the pricing between say an iphone and a comparable android phone is that different either.
I live in Australia and there is what I would consider a big difference by at least a couple of hundred dollars between something like a 4S and a Galaxy S2, which are reasonably comparable. It might not be called gouging, but I think Apple is too expensive for what it has to offer. They are taking their customers for a ride.




Member since:
2011-08-08
You can always find a company with vastly different/lower profit margins but that's nothing more than a smoke screen to try hiding the fact that Apple's margins are only slightly higher than common margins. What says more about a companies margins? How it compares against someone else with margins far below the average, or how it compares to the average itself?
The definition of price gouging is pretty clear. It's not as if there's a lot of grey area to debate. By that very definition, Apple certainly isn't price gouging.
Btw, how many people do you know who paid full price for an iphone? I can't think of any off-hand.
It's also not as if the pricing between say an iphone and a comparable android phone is that different either.
The only problem with that is if you look at the last 12 months worth of sales, Apple has experienced growth while Android has flattened so it would seem that the momentum has shifted back to Apple.
People always have been and always will be willing to pay more for luxury. As far as this era, I think there's still a lot of fight left. I don't believe anyone has won the war yet, if it even can be.