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this post was submitted on 01 Jan 2024
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By what magik are they able to “predict” a 50% price increase ?
Market Manipulation Lvl 1: Hyping
Man I cannot wait for The Day Before!
Setting expectations..
Article says SSD manufacturers currently sell at a loss & intend to raise prices because they want to be profitable, 40% is break even, 50% is profitable
Then the journalist who wrote the article is absolutely lying to us.
Selling at a loss? Lol yeah sure they are.
Actually a common practice to gain a leg up in the market and kill the competition. This can drag on for long, but the endgame is always buyers getting screwed by a monopoly/oligopoly.
If that is real, this is baffling, why was it done in the first place? Was there some new company that could manufacture a significant amount of SSDs who started selling at loss so everyone else had to follow to not lose all marketshare? Also it's not like SSDs are some eggs that expire, there is no need to dump all inventory. Pretty hard to believe.