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Price is not the same as cost, and that price may get jacked up without much warning. The price is what it is today because they are trying to become a dominan
by leptons 1y ago
Price is not the same as cost, and that price may get jacked up without much warning.
The price is what it is today because they are trying to become a dominant platform. It doesn't mean the price reflects what it actually costs to run.
I'd bet a lot of the $40 billion they got in March goes towards loss leaders.