45th President of the United States, Donald Trump.

45th President of the United States, Donald Trump.

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B'stard Child

28,395 posts

246 months

Wednesday 18th January 2017
quotequote all
walm said:
amusingduck said:
I'm not so sure. People don't purchase iPhones because they're good value for money (they're not.). If you can afford a $600 iPhone, you can probably afford a $700 iPhone.
Trust me, if Apple could sell just as many iPhones at $700 as they do at $600 then they would be charging $700.
I think they already worked that out and are selling at $600 because they can - I'm not sure they wouldn't try $700 if they had a "reason" they could use to justify it

I'm also pretty sure that the cult* would lap it up just like they do all the latest Apple products

*daily user of iPhone4S (so old tech -2011)- it does exactly what I need it to do - it replaced a windows phone that didn't and that replaced a nokia 3210 that also did exactly what I needed to do. Difference between my life with the 3210 and the iPhone4S is my requirements changed biggrin

p1stonhead

25,541 posts

167 months

Wednesday 18th January 2017
quotequote all
B'stard Child said:
walm said:
amusingduck said:
I'm not so sure. People don't purchase iPhones because they're good value for money (they're not.). If you can afford a $600 iPhone, you can probably afford a $700 iPhone.
Trust me, if Apple could sell just as many iPhones at $700 as they do at $600 then they would be charging $700.
I think they already worked that out and are selling at $600 because they can - I'm not sure they wouldn't try $700 if they had a "reason" they could use to justify it

I'm also pretty sure that the cult* would lap it up just like they do all the latest Apple products

*daily user of iPhone4S (so old tech -2011)- it does exactly what I need it to do - it replaced a windows phone that didn't and that replaced a nokia 3210 that also did exactly what I needed to do. Difference between my life with the 3210 and the iPhone4S is my requirements changed biggrin
Dont they make something like 100% profit or more on most items? What reason do they have for that other than lining their shareholders pockets which is the exact reason they exist.

They currently CANT justify their pricing in any moral way especially considering their slave labour factories which need suicide nets so that their cleaners are not working 24 hours a day cleaning up blood and brains from the bottoms of staircases.

B'stard Child

28,395 posts

246 months

Wednesday 18th January 2017
quotequote all
p1stonhead said:
Dont they make something like 100% profit or more on most items? What reason do they have for that other than lining their shareholders pockets which is the exact reason they exist.
Did we move on from elasticity?

walm

10,609 posts

202 months

Wednesday 18th January 2017
quotequote all
B'stard Child said:
I think they already worked that out and are selling at $600 because they can - I'm not sure they wouldn't try $700 if they had a "reason" they could use to justify it

I'm also pretty sure that the cult would lap it up just like they do all the latest Apple products
Nope.

Apple has 40% share of the smartphone market, which is 70% of the total phone market.

In other words, it's a mass market product now.
While there are the cult followers who WOULD pay anything that certainly doesn't apply to their entire customer base.

B'stard Child

28,395 posts

246 months

Wednesday 18th January 2017
quotequote all
walm said:
B'stard Child said:
I think they already worked that out and are selling at $600 because they can - I'm not sure they wouldn't try $700 if they had a "reason" they could use to justify it

I'm also pretty sure that the cult would lap it up just like they do all the latest Apple products
Nope.

Apple has 40% share of the smartphone market, which is 70% of the total phone market.

In other words, it's a mass market product now.
While there are the cult followers who WOULD pay anything that certainly doesn't apply to their entire customer base.
I gave it my best shot :cider:

p1stonhead

25,541 posts

167 months

Wednesday 18th January 2017
quotequote all
Just to clarify, people aren't genuinely thinking that manufacturing of items currently made in second or third world nations can be brought back to America and not go up in price significantly do they?

I mean, not really surely?

walm

10,609 posts

202 months

Wednesday 18th January 2017
quotequote all
p1stonhead said:
Just to clarify, people aren't genuinely thinking that manufacturing of items currently made in second or third world nations can be brought back to America and not go up in price significantly do they?

I mean, not really surely?
No, they accept the price will have to rise.

But they don't accept that those price rises will have a negative impact on volumes.

Really.

Stickyfinger

8,429 posts

105 months

Wednesday 18th January 2017
quotequote all
walm said:
No, they accept the price will have to rise.

But they don't accept that those price rises will have a negative impact on volumes.

Really.
Price rise/US based Jobs ? cheaper than desolation and unemployment

Halb

53,012 posts

183 months

Wednesday 18th January 2017
quotequote all
scherzkeks said:
If you think they are good, don't ever look into Switzerland. wink
I shall take your advice, I cry enough as it is.

jjlynn27

7,935 posts

109 months

Wednesday 18th January 2017
quotequote all
chrispmartha said:
And if anyone thinks Apple can produce the iPhone in America and only add $100 they are naive. Also as lauded to American companies than produce things in China/Mexico etc don't just sell to Americans, they sell quite a lot of iPhones in other countries who aren't the least bit patriotic to a country they don't live in, will they accept 'yuuuge' price hikes?
It's not even relevant, it's hilarious how some people can't get their head around the most basic of economic concepts.
Ah well, 'it's gonna be great!, it's gonna be 'uge!'

walm

10,609 posts

202 months

Wednesday 18th January 2017
quotequote all
Stickyfinger said:
walm said:
No, they accept the price will have to rise.

But they don't accept that those price rises will have a negative impact on volumes.

Really.
Price rise/US based Jobs ? cheaper than desolation and unemployment
That MIGHT be a sensible position, if the US wasn't at multi-year low levels of unemployment.

p1stonhead

25,541 posts

167 months

Wednesday 18th January 2017
quotequote all
Stickyfinger said:
walm said:
No, they accept the price will have to rise.

But they don't accept that those price rises will have a negative impact on volumes.

Really.
Price rise/US based Jobs ? cheaper than desolation and unemployment
Even if that was true which it doesnt appear to be based on the post above this one, isn't that what Americas market has chosen right now? Otherwise they would be doing manufacturing at home already?

Higher costs without higher incomes will mean companies push forward with automation. We already have automated ordering screens at things like McDonalds here - Bang thats one job gone. Things like below are also already happening in America and thats before companies are forced to move manfacturing to the US. You think rising costs for companies will help unemployment?




Edited by p1stonhead on Wednesday 18th January 16:04

scherzkeks

4,460 posts

134 months

Wednesday 18th January 2017
quotequote all
Stickyfinger said:
walm said:
No, they accept the price will have to rise.

But they don't accept that those price rises will have a negative impact on volumes.

Really.
Price rise/US based Jobs ? cheaper than desolation and unemployment
It rises under the current model, but only assuming that cheap labor (and things like currency manipulation) continue to exist.

The current model is unsustainable. The United States (and any other carcass nearly picked dry by the vultures) has no choice but to reinvest in its manufacturing base and make affordable products, which is not only possible but necessary.




Edited by scherzkeks on Wednesday 18th January 16:01

Halb

53,012 posts

183 months

Wednesday 18th January 2017
quotequote all
walm said:
That MIGHT be a sensible position, if the US wasn't at multi-year low levels of unemployment.
Pretty good then.

How can this be a failed administration from looking at that from a domestic POV.

Efbe

9,251 posts

166 months

Wednesday 18th January 2017
quotequote all
so what is actually made and sold in the US these days?

We had the example of the t-shirt company that went bust.
What else is there that we can use as a model for this?

anonymous-user

54 months

Wednesday 18th January 2017
quotequote all
scherzkeks said:
I disagree. A good part of the attraction of cheap goods is the marketing we have been subjected to for decades now -- the mentality that we all deserve as many new, shiny objects as our hearts desire. The only way to satiate this kind of mentality is to provide cheap goods in bulk. There are even psychological disorders associated with this brand of hyperconsumerism.

Though American, I live in Germany, where the mentality is very different. Germans do like low prices of course, but they don't like poor quality, nor do they have the throw-away mentality of Americans.

The mentality is to buy as little as possible, but the best quality at the best price. This results in most people buying on sale or buying used. Second hand shops are frequented by people of all classes here, and many used goods can sell for relatively high prices comparatively.

It is also worth noting that Germany still has a strong domestic manufacturing base, and laws that protect a well-paid and educated workforce.

For those of us 50+ on here will remember the UK had a strong manufacturing base once and the MADE IN GREAT BRITAIN sign on goods normally meant it was good quality but like America we have fell for the trap of Chinese goods = cheap and cheerful, German goods = well made, the only two options available when us and the Americans can make goods equal if not better than the Germans.

walm

10,609 posts

202 months

Wednesday 18th January 2017
quotequote all
Efbe said:
so what is actually made and sold in the US these days?

We had the example of the t-shirt company that went bust.
What else is there that we can use as a model for this?
Well, this is PH. So... cars?

Efbe

9,251 posts

166 months

Wednesday 18th January 2017
quotequote all
walm said:
Efbe said:
so what is actually made and sold in the US these days?

We had the example of the t-shirt company that went bust.
What else is there that we can use as a model for this?
Well, this is PH. So... cars?
Was checking out a dodge charger (first thing that cam to my mind on this subject) 70% of it currently produced in the US: http://abcnews.go.com/WN/MadeInAmerica/page/made-a...

inevitably globalisation has changed where and how things are made.
The raw materials, or the tools, or the resources to make things usually come from abroad. How much do you actually want to bring within the borders of the USA.

I doubt the 70% figure above includes where the steel is made, where the individual transistors, diodes, wires come from

jmorgan

36,010 posts

284 months

Wednesday 18th January 2017
quotequote all
Raygun said:
scherzkeks said:
I disagree. A good part of the attraction of cheap goods is the marketing we have been subjected to for decades now -- the mentality that we all deserve as many new, shiny objects as our hearts desire. The only way to satiate this kind of mentality is to provide cheap goods in bulk. There are even psychological disorders associated with this brand of hyperconsumerism.

Though American, I live in Germany, where the mentality is very different. Germans do like low prices of course, but they don't like poor quality, nor do they have the throw-away mentality of Americans.

The mentality is to buy as little as possible, but the best quality at the best price. This results in most people buying on sale or buying used. Second hand shops are frequented by people of all classes here, and many used goods can sell for relatively high prices comparatively.

It is also worth noting that Germany still has a strong domestic manufacturing base, and laws that protect a well-paid and educated workforce.

For those of us 50+ on here will remember the UK had a strong manufacturing base once and the MADE IN GREAT BRITAIN sign on goods normally meant it was good quality but like America we have fell for the trap of Chinese goods = cheap and cheerful, German goods = well made, the only two options available when us and the Americans can make goods equal if not better than the Germans.
Threads pop up on PH about where to get a certain widget. Usually a link to ebay for the cheapest price results. I try to buy "Made in Britain" but it is hard. The last major item is positively industrial in its finish and broke down just outside twelve months, a gas cooker. The shop I bought it from was no help either. Next time, sod it, get the best deal and support Amazon or some other retailer. I shall keep trying though.

Try car boot sales, cheap DVD's there. If anyone bothers with them anymore, fake rolex? Same for all other items. People want a bargain and will boast about it. At least in the UK, is the US the same?

How quickly can manufacturing pick up once it is back in the US and goods at a higher price? Less than a presidential term?

Stickyfinger

8,429 posts

105 months

Wednesday 18th January 2017
quotequote all
It is a mind set of the people.

They voted for that mind set in their new President in the USA and we have done the same in the UK with our Brexit vote, it is a generational thing. Lets hope it works.
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