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Well you answered your own question. Customers are willing to pay double for an extra 2.7% because these CPUs are rare, because there is no equivalent product f
by mrb 11y ago
Well you answered your own question. Customers are willing to pay double for an extra 2.7% because these CPUs are rare, because there is no equivalent product from the competition, which is the definition of a monopoly (many buyers, only one seller).
- greenyoda 11y agoIf AMD sold the same exact processor, wouldn't they also be charging premium prices for the fastest chips? I'd expect that in a competitive market, prices would be lower in general, but the fastest 5% of devices from each manufacturer's batches would still be comparatively expensive.