Review of Xiaomi's low-end model, the $130 Red Rice. http://www.techinasia.com/xiaomi-hongmi-review-photos/ …
@eric_perlberg a bit if everything. Games, apps, ebooks, ads, paid themes, search. It's like Apple only making profit on iTunes/apps etc
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@monkbent or Google selling hardware at cost to profit from the Play store without the hidden advertising revenue? Hard to take seriously. -
@eric_perlberg well, that's why it should be taken curiously. A competitor who lives on much smaller margin is much more dangerous -
@monkbent those sort of dots are always easier to connect looking back. I’ll remain incredulous. -
@eric_perlberg yes. Agree they've sort of jumped the shark, as it were.
End of conversation
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@monkbent@eric_perlberg Do you really think Apple is making much of a profit on the App Store or even iTMS? Their model is break even+ -
@sparky1999@eric_perlberg they're making a few billion. Asymco has numbers -
@monkbent@eric_perlberg Yes, but that's small change relatively. But the others, they're seliing the razor and blade both almost at cost.
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