DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Apple spanks expectations, again. Shares up $40 in after hours trading

**Shootohoist** · 04-27-2012, 07:24 AM

That logic only applies to collectables. Non-unique mass produced items have a realistic value you can assign to them. For example: If I sell a used camera for $75 when it would cost $50 brand new off of Amazon it's overpriced. If the rest of world actually followed your logic there wouldn't be laws against collusion, price fixing, and other anti-competitive behaviors because "it's worth what someone will pay". Just because the buyer doesn't realize he's being taken advantage of doesn't mean the item isn't overpriced.

No it doesn't. Sales 1.01: you can't sell anything for more than someone is willing to pay for it. If an item is overpriced then nobody will buy it. The fact that Apple have sold 15 million iPads and 35 million iPhones in the last 3 months makes it pretty obvious that people are willing to pay the prices they charge.

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I can't say they have great products

That is subjective. To you, wanting customisation, they are not great products. Equally, they are great products to everyone who wants something that is easy to use.

Are they bigger than MS now?

They are the biggest company in the world.

04-27-2012, 07:24 AM	#33
Shootohoist Join Date Oct 2005 Posts 478 Senior Member	That logic only applies to collectables. Non-unique mass produced items have a realistic value you can assign to them. For example: If I sell a used camera for $75 when it would cost $50 brand new off of Amazon it's overpriced. If the rest of world actually followed your logic there wouldn't be laws against collusion, price fixing, and other anti-competitive behaviors because "it's worth what someone will pay". Just because the buyer doesn't realize he's being taken advantage of doesn't mean the item isn't overpriced. No it doesn't. Sales 1.01: you can't sell anything for more than someone is willing to pay for it. If an item is overpriced then nobody will buy it. The fact that Apple have sold 15 million iPads and 35 million iPhones in the last 3 months makes it pretty obvious that people are willing to pay the prices they charge. --- Post Update --- I can't say they have great products That is subjective. To you, wanting customisation, they are not great products. Equally, they are great products to everyone who wants something that is easy to use. Are they bigger than MS now? They are the biggest company in the world.
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