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Apple jacks prices to juice profits because $19.3B a quarter isn't enough
(www.theregister.com)
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this post was submitted on 26 Oct 2023
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The problem is their moat. If customers can easily go somewhere else hiking prices will have clear consequences.
*if there is actual competition.
Reddit has competition but also a big moat in that a lot of people need to collectively decide to move platform.
No disagreements from me. Enshittification at its finest.