Not sure if I was getting a sweet deal or what but I’m currently paying 4.99/mo. They are raising prices ro 9.99. In what universe would anybody think doubling prices is okay?
Apple jacks prices to juice profits because $19.3B a quarter isn't enough
Submitted 1 year ago by throws_lemy@lemmy.nz to technology@lemmy.world
https://www.theregister.com/2023/10/25/apple_raises_prices
Comments
restingboredface@sh.itjust.works 1 year ago
roguetrick@kbin.social 1 year ago
Goddamn they were proud of that title "Apple Jack"(originally hard apple cider concentrated by freezing the water out vs distillation) and Apple Juice" both make appearances.
HotDogFingies@kbin.social 1 year ago
My brain couldn't get past it
rebul@kbin.social 1 year ago
Private company, they can do whatever they like. Also, I can purchase phones from whomever I like. This is a non-story.
plz1@lemmy.world 1 year ago
They are a public company, not a private one. That said, profits > *, always.
rebul@kbin.social 1 year ago
True. What I meant was, they are not a government entity, so they are free to make a profit.
admiralteal@kbin.social 1 year ago
You should read the article because this isn't about phone prices. It's about stuff that you actually can only buy from them.
rebul@kbin.social 1 year ago
Buy Android. Use Linux. You have options.
hiddengoat@kbin.social 1 year ago
And whoever you like is also jacking up prices because gutless shitheads like you will bend over and fucking take it.
rebul@kbin.social 1 year ago
No, a gutless shithead is someone who tries to be an internet tough guy. Like you. And I don't own any Apple products. So, strike two.
quicksand@lemm.ee 1 year ago
Yes, but I’d like to make an informed decision. This information is valuable to my choice of who to purchase a phone from
Pulptastic@midwest.social 1 year ago
Just like the paperclip game. Invest in AI marketing, raise price to find the new stable product flux.
autotldr@lemmings.world [bot] 1 year ago
This is the best summary I could come up with:
Subscription pricing has been on the rise for nearly every service imaginable, and Apple isn’t about to miss the opportunity to squeeze its customers for a little more.
In a statement provided to The Register, Apple said it’d begun rolling out new subscription pricing “in the US and select international markets.”
Apple typically notifies customers by email of upcoming price increases, but this humble vulture has yet to receive such a notice.
“We are focused on delivering the best experiences possible for our customers by consistently adding high-quality entertainment, content, and innovative features for our services.”
In August, executives boasted that services revenues reached an all-time high in Q3, with the company counting over a billion paid subscriptions.
Last quarter Apple as a whole made $221 million a day in profit and paid an effective tax rate of 12.5 percent [PDF].
The original article contains 378 words, the summary contains 141 words. Saved 63%. I’m a bot and I’m open source!
MrPloppy@lemmy.world 1 year ago
That’s capitalism for you baby 💰💰💰💰💰💰
n3cr0@lemmy.world 1 year ago
Well, they could also lay off personnel, as all the other
eviltech companies.onlinepersona@programming.dev 1 year ago
Apple users can probably stomach it. Not like they can’t afford 100$/year or so after paying 1000$ for a phone, 2000$ for a laptop, and don’t even know how much else for peripherals. They’ll gladly do it again, so of course 200$/year for a subscription ain’t much. They probably pay more for their phone bill.
killeronthecorner@lemmy.world 1 year ago
You sound salty that some people have money, when you could be salty that apple are being greedy and hoarding wealth like a mad mountain dragon
onlinepersona@programming.dev 1 year ago
Why would I be salty? I have money too, but choose to save it by buying stuff at half the price that doesn’t lock me in. The rest of the money is invested in crypto, ETFs, or on my bank for a rainy day.
If people are willing to pay a steep price for Apple’s products, then it should mean that they can afford marginal increases to their overall Apple spending. If not, they shouldn’t be buying Apple 🤷
icedterminal@lemmy.world 1 year ago
Why can’t it be both? Just because you have money and can realistically afford these devices, doesn’t mean you should buy it. Purchasing tells Apple you’re fine with the price.
blazera@kbin.social 1 year ago
What are they making you buy it?
bitwolf@lemmy.one 1 year ago
I’m fine with them hiking the prices if they actually let us integrate alternative cloud services.
Tronn4@lemmy.world 1 year ago
Apple shareholders be singing Luther vandross “never too much, never too much, never too much!”
ByteJunk@lemmy.world 1 year ago
I really like the idea of mandatory profit distribution to workers.
Imagine a world where this gets divided equally by all apple workers. So much money going back into the economy, and a much smaller incentive to maximize profits…