Apple boss Tim Cook says prices to rise due to memory chip costs
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Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#2Of course they were, not even Apple has infinite stock.
What they have are sweet margins and deals in place that helped them to take some time until the inevitable came to be.
In the other hand maybe all these prices drive folks to program like we used to, conscious of the hardware limitations, without extra slots to rescue from bad programming.
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#3Tbf, this current era of capitalism really is a lot where absolutely no one wants to enter the market and take advantage of a clear overpricing of memory for consumers but simply wants to charge the same amount as everyone else. So much for "efficient markets."
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#4I'm not sure how much of it is just an unintentional side-effect of greed from promises of international capital based in NY, and Dubai, and how much was intentional malicious behavior to destroy home compute to force people to pay for openai subscriptions, but the role of a functioning government typically is to keep corporations from doing exactly this.
Regardless of which one it is, I absolutely despise the cartel that is running the US government right now, that created this situation for their crony big tech buddies.
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#5Props to them for making it this far into the crisis without raising prices.
It had even led to some anomalies where Apple machines were a better price than similar Windows machines.
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#6Tbf, this current era of capitalism really is a lot where absolutely no one wants to enter the market and take advantage of a clear overpricing of memory for consumers but simply wants to charge the same amount as everyone else. So much for "efficient markets."
Looks pretty darn efficient to me:
https://ourworldindata.org/grapher/historical-cost-of-comput...
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#7Tbf, this current era of capitalism really is a lot where absolutely no one wants to enter the market and take advantage of a clear overpricing of memory for consumers but simply wants to charge the same amount as everyone else. So much for "efficient markets."
Everyone always wants to charge as much as they possibly can, and if SK Hynix would be the only manufacturer prices would be 10x of what they are today. Especially new incumbents will not ruin the market prices as they have the highest upfront cost and their calculation of entering the market is probably based on the high prices that can be achieved. In the long run, more competition is still good as everyone ramps up production to profit more from the high prices and at some point supply will outpace demand and prices will fall (assuming no cartel / price fixing is involved).
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#8Tbf, this current era of capitalism really is a lot where absolutely no one wants to enter the market and take advantage of a clear overpricing of memory for consumers but simply wants to charge the same amount as everyone else. So much for "efficient markets."
Nobody's stopping you from taking advantage of that shortage :) Just don't forget to turn your garage EUV machine on and off if it starts glitching.
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#9Tbf, this current era of capitalism really is a lot where absolutely no one wants to enter the market and take advantage of a clear overpricing of memory for consumers but simply wants to charge the same amount as everyone else. So much for "efficient markets."
Could you please expand on this?
Aren’t prices sky rocketing precisely because of excess demand? And they’d collapse in turn if demand disappeared.
My understanding of economics is entry level so please forgive my ignorance. I’m just curious what you mean.
Re: Apple boss Tim Cook says prices to rise due to memory chip costs
#10Tbf, this current era of capitalism really is a lot where absolutely no one wants to enter the market and take advantage of a clear overpricing of memory for consumers but simply wants to charge the same amount as everyone else. So much for "efficient markets."
Looks pretty darn efficient to me: https://ourworldindata.org/grapher/historical-cost-of-comput...
That chart stops in 2023.