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Apple jacks prices to juice profits because $19.3B a quarter isn't enough (www.theregister.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 75 points 2 years ago (3 children)

That is the thing with for profit companies, especially publicly traded ones. No matter how much they make, it is never enough. Next quarter must always be higher than this quarter or the world is on fire and heads will roll.

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  • [–] 22 points 2 years ago (1 child)

    "our company only made 19 billion, we expected to make 19.1 billion, we are not sure how we are going to survive this"

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  • [–] 4 points 2 years ago (1 child)

    The problem is their moat. If customers can easily go somewhere else hiking prices will have clear consequences.

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  • [–] 0 points 2 years ago (1 child)

    *if there is actual competition.

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