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Apple 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
by apparent 1y ago
Apple 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 1y 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 1y 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 1y ago[deleted]