Earlier you argued it outpaces consumer expectations and can't priced rationally. So sure, why not. Moore's is the inefficient version.
-
-
Replying to @Alrenous
"Can't be priced rationally" is your gloss on the phenomenon. "Can't be priced optimally without deliberate product-hobbling" is 'mine' ...
1 reply 0 retweets 2 likes -
Replying to @Outsideness @Alrenous
... which is to say the industry's (ICT, and now it seems electric cars). ...
1 reply 0 retweets 2 likes -
Replying to @Outsideness @Alrenous
... Based on practical hypothesis that, in the short-term, technological improvement can out-run market absorption capacity. ...
2 replies 0 retweets 2 likes -
Replying to @Outsideness
(this can only be true if demand curves for high-end chips suddenly don't work like anyone else's demand curves)
1 reply 0 retweets 2 likes -
Replying to @Alrenous
I don't see that. There's no problem with the market for high-end chips. It's the low-end of the market that drives the phenomenon. ...
1 reply 0 retweets 2 likes -
Replying to @Outsideness @Alrenous
... It's the mass-market (demand) bottleneck for state-of-the-art technological capacities that induces this strategy ...
1 reply 0 retweets 2 likes -
Replying to @Outsideness @Alrenous
... of temporarily gearing the product down to the qualitative threshold for which there's effective demand. ... i.e. ...
1 reply 0 retweets 2 likes -
Replying to @Outsideness @Alrenous
... Not gratuitously giving away that which already locally, and later generally, will be paid for.
1 reply 0 retweets 2 likes -
Replying to @Outsideness
If high-end demand is normal, no such bottleneck exists. Selling at a middling price gets middling+ sales, for more net profit.
2 replies 0 retweets 1 like
What makes you think the low-end market would be elastic enough to accept a middling price? (The industry clearly doubts that.)
-
-
Replying to @Outsideness
Why do you think the high-end demand is inelastic in price? Where's this discontinuity in the demand curve coming from?
2 replies 0 retweets 1 like -
Replying to @Alrenous @Outsideness
(And were it truly inelastic they'd be able to charge an even higher price. Triple for a 10% increase? Sure, why not.)
0 replies 0 retweets 0 likes
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.