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No, this is a desperate attempt to raise money.
by newnewpdro 7y ago
No, this is a desperate attempt to raise money.
- alfalfasprout 7y agoSure, but there is a significant increase in costs to produce everything in the US. I've been shocked by how certain production processes are simply super difficult to find in the US. Even things as simple as injection molding can cost 2-3x as much. Add on shipping costs, etc. within the US and you can easily add several hundred dollars or more to the cost of this product. That's especially true given the low volume.
- computerex 7y agoBe that as it may, with the problems purism has been having in developing this phone this announcement points to a desperate attempt at getting cash. https://jaylittle.com/post/view/2019/10/the-sad-saga-of-purism-and-the-librem-5-part-1 https://jaylittle.com/post/view/2019/10/the-sad-saga-of-puri... https://jaylittle.com/post/view/2019/10/the-sad-saga-of-purism-and-the-librem-5-part-2 https://jaylittle.com/post/view/2019/10/the-sad-saga-of-puri... https://jaylittle.com/post/view/2019/10/the-sad-saga-of-purism-and-the-librem-5-part-3 https://jaylittle.com/post/view/2019/10/the-sad-saga-of-puri...
- newnewpdro 7y agoRight, it's obvious, $2k per sucker for something they don't have to make until Q3 2020. Sounds like an interest-free loan to me. I suspect they don't have the cash on hand for manufacturing the pending existing librem 5 orders, which unless I'm mistaken requires some redesign work to fix the thermal issues.
- lostgame 7y agoPricing something this high is not a way to make money. Even at 3/4 of this ludicrous price I bet they would sell far more units.