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Certainly, but it doesn't change the fact that the market recognizes a place for the $29 product. You can walk into the Apple store and see ridiculously priced
by edge17 16y ago
Certainly, but it doesn't change the fact that the market recognizes a place for the $29 product. You can walk into the Apple store and see ridiculously priced cases. It's because people are willing to pay. The market sets the price. If someone doesn't like it, they have a choice. It's the beauty of markets.
- amirmc 16y agoYou can argue about markets setting the prices if those prices change. I doubt the $29 price point is going to fluctuate anytime soon. Apple picked a price, not the 'market' and that's where it'll stay. Whether the market will bear it is an open question. Pricing products can be a complicated issue and can involve more than just market forces.