3 ms·
Companies exist to maximize profit. The only thing that matters in pricing is supply, demand, and perhaps goodwill/brand power. Apple's already positioned itsel
by colinmhayes 5y ago
Companies exist to maximize profit. The only thing that matters in pricing is supply, demand, and perhaps goodwill/brand power. Apple's already positioned itself as a luxury brand, so they would have no problem raising prices in the face of a supply shock.