Re:iPhone 14 Pro Faced 'Unprecedented' Setback Leading to Re...
by adt2bt on Friday December 23, 2022 @06:43PM
(#34112019)
All of those ‘bad’ thing in launches serve a marketing purpose. Scarcity makes consumers think something is in demand. Additionally, every day of stockpiled inventory costs money.
[ Parent
| on HN ]
Re:iPhone 14 Pro Faced 'Unprecedented' Setback Leading to Re...
by rolenthedeep on Friday December 23, 2022 @07:02PM
(#34112195)
Yes, artificial scarcity and the accompanying artificially high prices are a bad thing for consumers, in all situations.
Inventory in a warehouse does not have the kind of cost you think it does. Most of the "cost" people talk about are hypothetical profits that a different product occupying that space might generate in the same time. The real costs are insurance and warehouse leases. Per unit, it's almost nothing.
A company like Apple could easily stockpile months worth of inventory and never even notice the real physical cost of storing it.
Re:iPhone 14 Pro Faced 'Unprecedented' Setback Leading to Re...
by chrisdirkis on Saturday December 24, 2022 @05:30AM
(#34115626)
If you think there's no value to present money flows, I'd love to take $1MM from you. I'll pay it back later, so there's literally no cost to you, right?
Opportunity costs, or any other "virtual" cost, are still meaningful figures.