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Comment on Apple jacks prices to juice profits because $19.3B a quarter isn't enough

flop_leash_973@lemmy.world ⁨8⁩ ⁨months⁩ ago

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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Hoomod@lemmy.world ⁨8⁩ ⁨months⁩ ago
“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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- AceBonobo@lemmy.world ⁨8⁩ ⁨months⁩ ago
  Better fire 50000 people ASAP
  
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  - Unforeseen@sh.itjust.works ⁨8⁩ ⁨months⁩ ago
    Fire one million
    
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T00l_shed@lemmy.world ⁨8⁩ ⁨months⁩ ago
Infinite growth.

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worldsayshi@lemmy.world ⁨8⁩ ⁨months⁩ ago
The problem is their moat. If customers can easily go somewhere else hiking prices will have clear consequences.

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- DolphinMath@slrpnk.net ⁨8⁩ ⁨months⁩ ago
  *if there is actual competition.
  
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  - worldsayshi@lemmy.world ⁨8⁩ ⁨months⁩ ago
    Reddit has competition but also a big moat in that a lot of people need to collectively decide to move platform.
    
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    DolphinMath@slrpnk.net ⁨8⁩ ⁨months⁩ ago
    No disagreements from me. Enshittification at its finest.
    
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