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I'm pretty sure the margin is not low on Hue lights and switches. They are not cheap. And surely an app can keep working with minimal updates, I don't see that
by exodust 3y ago
I'm pretty sure the margin is not low on Hue lights and switches. They are not cheap.
And surely an app can keep working with minimal updates, I don't see that as a huge expense for Hue.
- com2kid 3y agoI had friends who worked on a very popular consumer electric device before who revealed the ugly economics of it to me. Cost to build, around $7. Retail price, over $30. Profit for the company, around $3. Distributors and retailers took the remaining. Selling stuff in physical stores is a nasty business. I remember these numbers whenever I see people complain about app stores taking a 30% cut.