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by seanmcdirmid
4656 days ago
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BMW's higher profit margins than Hyundai is not good or bad for consumers; are BMW owners getting the same car for the money they pay? Can Hyundai compete with BMW in the lux market? I don't think BMW owners feel f*cked over by BMW because BMW makes more money per car than Hyundai does. As long as we aren't forced to buy Apple products, i.e. we have a free market, Apple's huge profits don't matter to consumers. Perhaps Apple has a monopoly on smartphones that don't suck balls, but until the DOJ sees it necessary to break them up for it, I reserve judgement. BTW, I happily use a Nokia 920, not an iPhone, but I'm tired of these Apple cultists economics-ignorant conspiracy theories. The cult argument is usually used by people who just can't understand free markets. |
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Profit margins are irrelevant to the discussion.