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re: For those of y'all who hate Walmart, read these facts and savor them

Posted on 6/13/17 at 9:14 pm to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69478 posts
Posted on 6/13/17 at 9:14 pm to
quote:

So Apple is better at making money than Walmart.
They are better at price gouging customers.

A 24% profit margin is thievery.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 6/13/17 at 9:18 pm to
I don't think you know what price gouging means.

They sell a product at a price that people are obviously willing to pay. If you don't like it, don't buy anything from them.

Why would I sell something for $10 when I can just as easily sell it for $20?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/13/17 at 9:19 pm to
quote:

They are better at price gouging customers.

A 24% profit margin is thievery


This is so simplistic. I'm not going to explain all of it to you, but that's not how any of this works. Apple puts years of research and development into their products that are not expensed at point of sale like a grocery item. Yes, Apple makes almost 25% on an iPhone, but they spent billions to develop the technology that's inside of it. Production and product costs are not their main expense like Walmart.
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
67133 posts
Posted on 6/13/17 at 9:45 pm to
quote:

quote:
So Apple is better at making money than Walmart.
They are better at price gouging customers.

A 24% profit margin is thievery.


Are you now, or have you ever been, a member of the Communist party?
This post was edited on 6/13/17 at 9:46 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
39207 posts
Posted on 6/13/17 at 9:57 pm to
quote:

A 24% profit margin is thievery.


possibly the dumbest thing I've ever read here
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