| Margins are an indication of how much you're getting screwed by your supplier. Now don't get me wrong, a number of Apple-users are rational beings. They actually argue to me that they get huge value from iDevices, and I'm fine with that. If its your cup of tea, yes, go on and get it. (And I won't call these guys part of the iCult. Rational Apple-users are indeed... rational). However, people like you argue that high margins are a good thing. NO THEY'RE NOT. Margins are:
* Cost of the device MINUS cost that Apple spent to create the device The larger the margin, the more Apple is screwing you out of your money. Period. No rational consumer should EVER be happy about being conned out of tons and tons of money. And to see these idiotic members of the iCult, so proud... so happy to waste money, and BRAG about the margins that Apple is stealing from them... it really is enough to make me lose faith in the free market. Remember, in a free-market with perfect competition, profits approach zero. http://en.wikipedia.org/wiki/Perfect_competition / http://www.economicprofit.org/Zero-Economic-Profit.html. Consumers in a free market should NEVER be pleased when they learn that the products they buy are leading to record-breaking profits on top of record-breaking margins for a company. |
The iCult doesn't exist, you are just trying to justify your own buying decisions. But go ahead and keep thinking otherwise, I really don't care.