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I’ll admit that I think it’s a BS product. I find it funny that our little HN seems to agree yet Apple’s over there basically printing money.
by tyleo 11mo ago
I’ll admit that I think it’s a BS product.
I find it funny that our little HN seems to agree yet Apple’s over there basically printing money.
- apparent 11mo agoHow much money could they have printed if they've sold out already? Seems like it would have been very low-volume.
- fouc 11mo agoYeah I wouldn't be surprised if they only produced somewhere around 20,000 to 70,000 units. (45 +/- 25 ?)
- tyleo 11mo agoMillions, enough to make a difference for most people.
- apparent 11mo agoApple isn't most people...in their world, "printing money" is a much higher bar. There's also significant reputational risk if it turns out to be a flop (as it easily could have). That's why I assumed they started with very low inventory, to be able to tout it as an item that "sold out" as opposed to "flopped".
- tyleo 11mo agoIDK I live in the same world as them. They sold out of what are essentially $200 socks. I’m happy to disagree but it’s certainly printing money by my definition.
- apparent 11mo agoWithout knowing how many units were sold, how much the famous designer was paid, or how much they spent on marketing (probably not a ton because it got a lot of organic coverage due to how outrageous it seemed), I'm unable to determine whether anyone made a material amount of money. If the designer made $10M I'd say he printed money. If Apple made $10M I'd say that's not remotely material to their bottom line.
- deleted 11mo ago[deleted]
- thefz 11mo agoThe average Apple buyer will run to the store if you show them an overpriced product and claim its limited availability.