4 ms·
<economics> I'm echoing the feelings of a lot of others in this comment thread. Moaning about price of something but buying it anyway is a pointless exercise.
by zacharyvoase 14y ago
<economics>
I'm echoing the feelings of a lot of others in this comment thread. Moaning about price of something but buying it anyway is a pointless exercise. By buying the product you're sending a clear signal that they can continue to charge the same price.
Part of me also wants the title to include the word 'please'—since this is a request, not a demand.
And, indeed, there are many products sold by companies where the per-item margin is huge compared to the materials cost. Perfume, designer clothing, fancy cars…and software. But we buy perfume anyway because we have lots of money but no perfume, and would rather have some perfume and a little less (but still lots of) money.
I'm reminded of an economics joke I once heard. An economist and his friend are walking past a concert hall. The friend turns to the economist and says "you know, I always wanted to learn how to play an instrument," to which the economist responds "clearly not."
- fauigerzigerk 14y agoIf a tech journalist buys the thing for professional reasons, the signal he sends is not the same as a consumer buying it. I do agree with your luxury/fashion goods comparison though. That's exactly the business that Apple is in.
- johncoltrane 14y agoHe doesn't send any special signal: his money goes with the rest of the money from other buyers.