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Just curious, why are Apple products so expensive in India? Is it due to import taxes or sales tax?
 
Quietly ≠ Mysteriously

They quietly raised prices because they want to make more money without negative press coverage. It’s not complicated.
How does a company raise prices quietly and can I get an example of a company raising their prices loudly? I mean are they supposed to take out a full page ad in the Times of India saying we raised our prices?

I'd say it's to cover some local expense that's not present in other countries. India makes importing goods expensive to encourage local production.
 
Apple is sitting on cash reserves of around $200 billion. Most people aren't. No, it isn't "greed" for consumers to want to spend less money. Of course it isn't.
So it's rigtfully theirs. Greed isn't just a thing that exists in multi trillion dollar companies. Wanting a $3k Mac for entertainment while someone doesn't have food to eat tonight could be considered greedy. You could have fed someone for a year with that money. Not being judgemental but everyone has greed and it's how we succeed.
 
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So it is greedy for Apple to raise prices, but it is not greedy for people to want to save their own money and pay less?
Are these people who want to save their own money and pay less getting paid nearly $100 million?

 
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Are these people who want to save their own money and pay less getting paid nearly $100 million?

What’s it got to do with you what someone else earns? It’s pretty’s terrible the way that the wealth is spread out among a few very rich people, but it’s the way these things work. Not really their fault. They don’t sit on their arses either. They work hard and are successful. I suggest pointing your anger at the system that supports it instead, or else it just looks like jealousy. Right now, if the shoe was on the other fooy and someone was telling you you earnt too much money, you would tell them to piss off.
 
Apple also creates a lot of jobs across a lot of markets around the world. Consumers have a choice to buy from who they want to. Apple has a business model that targets profits that are 35% at a minimum and develops products that allow them to do that and keep their target customers happy. If consumers don’t want to pay Apple’s price, that’s ok. They have always put luxury products on the market, but became mass market because general consumers see enough value in what they offer to find the cash to buy that luxury product. Competitors attempting to compete on quality come in more expensive, but get no complaints from Apple’s critics. Apple’s competitors that go cheap have far more quality issues, but people still expect Apple to play in that space.
Why are you telling me this?
 
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So it's rigtfully theirs. Greed isn't just a thing that exists in multi trillion dollar companies. Wanting a $3k Mac for entertainment while someone doesn't have food to eat tonight could be considered greedy. You could have fed someone for a year with that money. Not being judgemental but everyone has greed and it's how we succeed.
What on earth are you talking about?
 
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10th Rule of Acquisition: Greed is eternal.

Companies are making record profits, but gotta claim price increases due to:
A) Inflation
B) Tarriffs
C) Global Shortages
D) All of the above
 
What’s it got to do with you what someone else earns? It’s pretty’s terrible the way that the wealth is spread out among a few very rich people, but it’s the way these things work. Not really their fault.
Not their fault? They can refuse to accept high out-of-touch pay.

Warren Buffet doesn't have a high salary and compensation


Warren Buffett is worth more than $100 billion, but he hasn’t had a pay raise in more than two decades.

In Berkshire Hathaway Inc.’s proxy statement filed late Friday, the holding company of insurance, utilities, rail, financing and other companies, disclosed that Buffett, who has been chairman and chief executive since 1970, had total 2021 compensation of $373,204, down from $380,328 in 2020 and below his 2019 total compensation of $374,773.

The total compensation for all three years included a base salary of $100,000. The company disclosed that Buffett’s annual salary has been $100,000 “for more than the past 25 years,” and that he receives no bonus or any form of equity-based compensation.



$100,000 base salary vs Tim Cook's $3 million base salary.

There's also former Costco CEO Jim Sinegal who had a base salary of $350,000 during his tenure.
 
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He’s trying you defend them…
I don't get what he's defending anyone from, all I said was that, as is perfectly obvious, people wanting to spend less money isn't the same thing as "greed", and in response I get a bizarre spiel about the profit motives of a trillion dollar tech company. This forum is so weird sometimes.
 
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I don't get what he's defending anyone from, all I said was that, as is perfectly obvious, people wanting to spend less money isn't the same thing as "greed", and in response I get a bizarre spiel about the profit motives of a trillion dollar tech company. This forum is so weird sometimes.
Doesn’t matter what it is, some defend Apple no matter what even when it’s very clear Apple is in the wrong.
 
How does a company raise prices quietly and can I get an example of a company raising their prices loudly?
Alyite. A Japanese ice cream company raised the price on its popular product for the first time in 25 years. The did so with a 1 minute commercial on national TV.
I mean are they supposed to take out a full page ad in the Times of India saying we raised our prices?
What's that? Louder for those in the back? They aired a commercial on national TV. Not the original link, but the only one I could find that you can watch outside of Japan.
 
Not their fault? They can refuse to accept high out-of-touch pay.

Warren Buffet doesn't have a high salary and compensation


Warren Buffett is worth more than $100 billion, but he hasn’t had a pay raise in more than two decades.

In Berkshire Hathaway Inc.’s proxy statement filed late Friday, the holding company of insurance, utilities, rail, financing and other companies, disclosed that Buffett, who has been chairman and chief executive since 1970, had total 2021 compensation of $373,204, down from $380,328 in 2020 and below his 2019 total compensation of $374,773.

The total compensation for all three years included a base salary of $100,000. The company disclosed that Buffett’s annual salary has been $100,000 “for more than the past 25 years,” and that he receives no bonus or any form of equity-based compensation.



$100,000 base salary vs Tim Cook's $3 million base salary.

There's also former Costco CEO Jim Sinegal who had a base salary of $350,000 during his tenure.

Salary is a drop in the bucket for executive pay. It’s about shares. Maybe do research.
 
So it's rigtfully theirs. Greed isn't just a thing that exists in multi trillion dollar companies. Wanting a $3k Mac for entertainment while someone doesn't have food to eat tonight could be considered greedy. You could have fed someone for a year with that money. Not being judgemental but everyone has greed and it's how we succeed.
It's not greedy at all for Apple to increase prices in line with exchange fluctuations; it's doing what you have to do when you have shareholders.

Suggesting that it's greedy to buy a Mac for $3k is naive, because it’s just as likely that the Mac will make them far more. It’s the 'Teach a Man to Fish' proverb/analogy.
 
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It's not greedy at all for Apple to increase prices in line with exchange fluctuations; it's doing what you have to do when you have shareholders.

Suggesting that it's greedy to buy a Mac for $3k is naive, because it’s just as likely that the Mac will make them far more. It’s the 'Teach a Man to Fish' proverb/analogy.
I agree with you that there's this thing called inflation but people still expect Apple to price like it's 2019. Not everyone uses their Mac to make money or as a work tool though.
 
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