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Not at all - as long as they're earning a profit on each one large enough to justify having produced it, then they lose nothing by their products lasting a long
by Nifty3929 3y ago
Not at all - as long as they're earning a profit on each one large enough to justify having produced it, then they lose nothing by their products lasting a long time. The worst outcome might be that the market becomes saturated and everybody already has one or two, in which case the business just scales down and goes away, having earned a lot of money. But I doubt even that outcome in this case.
- Alupis 3y agoMaybe, but in the same time duration I've bought multiple sets of pots/pans, wooden spoons/spatulas, several wooden cutting boards, mixing bowls, etc. If the company drags on long enough, all that profit gets eroded away. Pyrex has been around since the early 1900's for instance. I agree, might not be 100% of what happened here, but it surely has to be a component.