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Five Ways to Look at Apple’s Surprise Bad News
- uberman 8y agoAlternatively. one might speculate that price increases must ultimately result in weaker demand. Perhaps the market is telling Apple that the sweet spot for a phone is well below $1300.
- dragonwriter 8y ago> Alternatively. one might speculate that price increases must ultimately result in weaker demand. With some notable exceptions, price increase with the same demand will produce lower market-clearing quantities (and, generally, eventually reach a point of declining total sales price), but I don't see any reason to expect higher prices to actually produce weaker demand