joshwithachance
macrumors 68030
"It has nothing to do with money" but "they will see their profits reduce". So which is it?After giving it some thought and looking at other people's perspectives, I'm starting to think it has nothing to do with money in the short term.
Yes, I will stand by my comment that Apple has more money than god and that they could afford to absorb these costs indefinately.
But that's not the case.
Apple are in a position where if they don't rise prices soon, they will see their profits reduce (not good business)
Now with this in mind Apple have a choice (using 17 pro base model as an exmaple)
1. Apple could increase the iphones by lets say $100 to help address the price hike due to the shortages now. Making the new price $1200 and then release the 18 pro starting at that same price.
2. They could wait out the issue for 3 months until the 18 is announced and then add the increase there.
With this in mind, Tim is being very smart about this by potentially using his last months as CEO to be the voluntary scapegoat for what will be a very unpopular decision with customers.
Something Turnus shouldn't have to deal with during his first month as the new CEO.
Tim can make the decision and vanish into the board room, leaving Turnus the guy who didn't put the prices up be the new public face of the company.
The only way this theory doesn't work is if Apple bump the prices up now using the example of $1,100 to $1,200 then in September bump it up again to $1,300.
I don't think it's about the money, it's about making an inevitable decision and the best and most stratigic time.
It's greed. Point blank.