I thought this was about a cereal for a hot second.
Apple jacks prices to juice profits because $19.3B a quarter isn't enough
Submitted 11 months ago by throws_lemy@lemmy.nz to technology@lemmy.world
https://www.theregister.com/2023/10/25/apple_raises_prices
Comments
the_tab_key@lemmy.world 11 months ago
ASeriesOfPoorChoices@lemmy.world 11 months ago
Apple Jacks are my number two, only behind Cinnamon Toast Crunch.
Also, number two, behind. Heh.
ASeriesOfPoorChoices@lemmy.world 11 months ago
That joke was brought to you by lactose intolerance, btw.
garbagebagel@lemmy.world 11 months ago
I scrolled away and had to come back because I just kept repeating the sentence in my head. If Apple Jacks gets $19B in profit I better join the cereal industry.
Jarmer@slrpnk.net 11 months ago
Is this thread a secret marketing ploy?!?!? Now I want some delicious fake apple cereal!
themeatbridge@lemmy.world 11 months ago
Glad I wasn’t the only one.
AgentGrimstone@lemmy.world 11 months ago
I thought I was really out of the loop. A brand I haven’t heard in over 20 years has been killin it.
terminhell@lemmy.dbzer0.com 11 months ago
The cereal is that good, I wasn’t doubting they were pulling that XD
Cephirux@lemmings.world 11 months ago
Please vote with your money. Don’t waste money and buy overpriced stuff and certainly don’t support this kind of business practice. And fuck the shareholders too. If they want money, then work like most people.
burliman@lemm.ee 11 months ago
Already do. Used to buy new phone every year. Now it’s every three years or so. That is completely due to price and lack of compelling innovation. Don’t care if shareholders make money or not. I just like good value.
oce@jlai.lu 11 months ago
You can try 5 years with Fairphones, it’s the length of their warranty and you can repair it yourself easily.
rebul@kbin.social 11 months ago
Economic genius.
Cephirux@lemmings.world 11 months ago
Is this sarcasm? I don’t think I’m a genius, just giving a reminder, and perhaps a flaw in capitalism.
admiralteal@kbin.social 11 months ago
For what it's worth, this is all their media platforms the article is talking about.
It's copyright monopoly. You can only buy this stuff from them. A boycott just won't work so long as the platforms are allowed to hoard the copyright.
I don't personally think any of these Apple products have an compelling offerings, so it's easy for me to not buy them. But for someone who does, it's not a real choice. There's no competitor or alternative. Only they have the content they have. It's a piece of the story that gets disregarded so easily, as we retreat quicker and quicker from the nearly-realized world of being able to get everything on one platform.
The consumer will continue to get fucked until we start seeing adversarial interoperability mandated all over the place. A market approach to protecting consumers cannot possibly work when there is no market.
lanolinoil@lemmy.world 11 months ago
I read Apple Jack’s like the cereal and was confused
mriormro@lemmy.world 11 months ago
That was the point. There are several turns of phrase in the headline.
lanolinoil@lemmy.world 11 months ago
You like them apples?!?!
paddirn@lemmy.world 11 months ago
Yea, I was like, “Who the fuck would get a cereal subscription for Apple Jacks?”
FlyingSquid@lemmy.world 11 months ago
“This doesn’t taste like apples!”
“For $9.99 a month, it will!”
ScrotusMaximus@lemmy.zip 11 months ago
Same I was wondering what they were changing the price of a box to. Tough times.
IHaveTwoCows@lemm.ee 11 months ago
And you will pay it.
Tom_bishop@lemmy.world 11 months ago
And idiots will pay it
Un4@lemm.ee 11 months ago
I do not understand all the rage, Apple does not provide any vital services or products. They can charge anything they want. If you don’t like it then don’t buy it.
HollandJim@lemmy.world 11 months ago
It’s always been trendy to rage at Apple and Apple owners. This is just the current rage.
jmankman@lemmy.myserv.one 11 months ago
If it’s “always” then it’s not a “trend.” Maybe if there is “always” rage at Apple, there is a good reason for it.
morgunkorn@discuss.tchncs.de 11 months ago
but you still lock yourself in their offer space when you also bought devices that kind of depend on those services: music streaming for the homepod, fitness+ for watch, cloud storage for iphone photos…
every time you switch from apple to a third party, it’s ever so slightly less convenient, and they probably conceive their products around that notion.
offbyone@feddit.uk 11 months ago
Yes you have to decide if the cost of the convenience is worth the lock in and price of Apple products. At the end of the day you still have a choice.
Syntha@sh.itjust.works 11 months ago
That is their business model, no? The convenience and integration of their products is what makes Apple unique. Seems weird hold it against them.
SmashingSquid@notyour.rodeo 11 months ago
None of the products that had the price increased are locked in. Apple TV plus doesn’t even need an Apple device and has many competitors, Apple News has plenty of competitors, there are games you can buy without Apple Arcade though most do stupid in app purchases.
flop_leash_973@lemmy.world 11 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.
Hoomod@lemmy.world 11 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”
T00l_shed@lemmy.world 11 months ago
Infinite growth.
worldsayshi@lemmy.world 11 months ago
The problem is their moat. If customers can easily go somewhere else hiking prices will have clear consequences.
DolphinMath@slrpnk.net 11 months ago
*if there is actual competition.
jetsetdorito@lemm.ee 11 months ago
I read the title 3 times before I realized it’s not about cereal
woobie@lemmy.world 11 months ago
I am so happy that I’m not the only one that thought Apple Jacks were vastly more profitable than I had expected.
maniacal_gaff@lemmy.world 11 months ago
Honey smacks other coupon purveyors for substandard grifting.
Furbag@lemmy.world 11 months ago
Good one 😂
LostWon@lemmy.ca 11 months ago
Or juice “profits.” (And I’ve never understood people having cereal with juice.)
Smoogs@lemmy.world 11 months ago
They are epitome of passive aggressive capitalism. “Will keep doin unethical shit til they make a law not to and even then you have to sue me to stop”
It’s nestle’s MO.
squirrelwithnut@lemmy.world 11 months ago
I had to read the title several times before I understood that the article isn’t about Apple Jacks, the cereal.
Retrograde@lemmy.world 11 months ago
Also I didn’t know Apple Jacks made juice profits, since when do they make juice?
troglodytis@lemmy.world 11 months ago
No one ever pays me in juice 🥺
rsuri@lemmy.world 11 months ago
And what are prices-to-juice profits? Like how much they make per balanced breakfast?
stown@lemmy.world 11 months ago
It took me 24 hours, saw the headline yesterday morning and skipped over it. Didn’t realize it wasn’t about cereal until this morning.
Treczoks@lemmy.world 11 months ago
The solution is simple: Don’t participate in the Church of Steve Jobs, don’t turn yourself into an Apple disciple (and apologist).
madcaesar@lemmy.world 11 months ago
The problem is that since there is no real competition all this shit propagates to other companies. If Apple is charging 1000 for a shitty phone, you better believe others will follow suit and charge 900-1000$
Meanwhile the fucking phone should actually cost 200$…
4lan@lemmy.world 11 months ago
$200? what fantasy world do you live in?
The cost of making an iPhone 14 Pro was $570 and it sold for $800.
They are focused on services for making big profits, which is why you have to subscribe to a million services to make your iphone decent.
ky56@aussie.zone 11 months ago
The thing I loved about Apple 15+ years ago was that even though the hardware was expensive, it was semi modular and tightly integrated with the software and you got an offline product that you could also buy Apple server equipment and software for. 10 years ago was still ok but things were starting to erode.
These days there is no server software, no modularity, no ways to use enough of the new features without a cloud subscription and the hardware is just as expensive and designed with defects to limit it’s lifespan (in my opinion). They want to have their cake and eat it too. I was a proud Apple fan boy but not a blind one. Well now they can fuck off. Bye.
I’m now fanboying about Framework and Pine64.
Ghostalmedia@lemmy.world 11 months ago
I can get the TV+ hike. I don’t like it, but I get it. When TV+ launched it had very little content and no one was going to pay for that little content unless it was cheap. But now there is a pretty good library of new stuff, and it’s usually of better quality than what’s floating around on HBO.
Arcade price hikes - now that seems like a good reason to cancel Arcade. If they’re going to add better games that take advantage of the new fast processors, I can understand console tier pricing. But the games still mostly feel like mobile games. And not mobile as in “Nintendo Switch,” mobile as in “flappy bird.”
psycho_driver@lemmy.world 11 months ago
Why are consumers so dumb?
Vespair@lemm.ee 11 months ago
We need to abolish public trading, or at least vastly overhaul what it means to invest in a company
TryingToEscapeTarkov@lemmy.world 11 months ago
They are just mad that they lost to “right to repair” in California so they are throwing a “fuck em we will charge them double then” tantrum.
LavaPlanet@lemmy.world 11 months ago
It will never be enough. That’s the model of capitalism.
Sir_Kevin@lemmy.dbzer0.com 11 months ago
Did any of the Foxconn workers that have to live in company dorms for slave wages get a raise?
Mafflez@reddthat.com 11 months ago
And why would I want an apple anything? They get cheap labor so…what the investors want more money? Never had an iPhone or apple product never will.
JizzmasterD@lemmy.ca 11 months ago
Dang. That zany Kellogg’s cereal that the cool frog sells makes $19 billion a year 😳
weew@lemmy.ca 11 months ago
Apple doesn’t make any kind of necessity. Every single one of their products is completely optional in life and had alternatives.
If people are willing to pay for it, whatever. It’s a luxury. It’s not medicine or housing.
Blackmist@feddit.uk 11 months ago
Yes, but what if company was worth four trillion.
In any case, dollar down, prices up.
Shadywack@lemmy.world 11 months ago
News+ was worthless and they dropped the one show I gave a shit about because Jon Stewart wasn’t towing the line for Chinese propaganda. This was easy to not give a fuck about already, and they are making it even easier.
Syldon@feddit.uk 11 months ago
I find fanboyism pretty much a naïve attitude to have. These are large companies that only have one aim in mind, and that is to make as much money as they can out of you. That is not the same as buying into an infrastructure that gives you a comfort zone. All phone companies strife to push people into that comfort zone, where they do not want to change. On that I am guilty as charged.
All in all you spend your money where you feel happier about it. If Apple want to out price their products then people will find alternatives. I never understand this culture of griefing people for having differing comfort zones. There seems to be a lot more emphasis on calling out people buying a bad deal, rather than just educating people on where the good deals are to be had.
Etterra@lemmy.world 11 months ago
Now tell us again how their devices are better than any Android.
bemenaker@lemmy.world 11 months ago
wall street hungry, feed me
soulfirethewolf@lemdro.id 11 months ago
The costs of Apple subscriptions are probably part of the reason I left the iPhone ecosystem
suckmyspez@lemmy.world 11 months ago
Why is everyone’s solution to buy an android phone? As if buying a new phone is the solution to my music subscription going up by a few dollars 🤣🤣
thorbot@lemmy.world 11 months ago
Apple Jacks Juices
Why am I hungry?
slaacaa@lemmy.world 11 months ago
“Growth for the sake of growth is the ideology of a cancer cell”
PersonalDevKit@aussie.zone 11 months ago
The stock price will fall if we don’t make more money then we did last year.
Immersive_Matthew@sh.itjust.works 11 months ago
Accurate. The laws need to find a balance as I get shareholders who took a risk on business would like to see a return, but it is way too slanted to the point that the risk is on our entire society. We need people to be in those laws not just shareholders.
MonkderZweite@feddit.ch 11 months ago
Maybe stock market was a mistake?
PsychedSy@sh.itjust.works 11 months ago
Our implementation certainly is.
pufferfischerpulver@feddit.de 11 months ago
I think it’s a great idea in theory. Basically a form of decentralised loans. You need money to invest, you still shares of your company to get some cash. In return the shareholders get a return of you succeed. And if course can sell their shares if now your company is worth more. Seems alright with me tbh.
But nowadays it just seems like a fucking casino.
hagelslager@feddit.nl 11 months ago
Someone tell them they don’t have to follow Steve Jobs in everything.
Slotos@feddit.nl 11 months ago
Tissue. A cancer tissue.
Calls are expendable in pursuit of infinite growth.
doppelgangmember@lemmy.world 11 months ago
This is too perfect of an analogy…