“Growth for the sake of growth is the ideology of the cancer cell”
Also fire.
“OH MY GOD! WE’RE HAVING A FIRE… Sale.”
This is too perfect of an analogy…
I thought this was about a cereal for a hot second.
I love Apple Jacks. I haven’t had them in years.
Why don’t they taste like apples!? (ノಠ益ಠ)ノ彡┻━┻
Wait until you hear about Grape Nuts.
This made me lol
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Really? I’ve never even tried them but I always assumed they were basically apple flavored cheerios.
They’re a very strong artificial cinnamon flavor.
Apple Jacks are my number two, only behind Cinnamon Toast Crunch.
Also, number two, behind. Heh.
That joke was brought to you by lactose intolerance, btw.
I scrolled away and had to come back because I just kept repeating the sentence in my head. If Apple Jacks gets $19B in profit I better join the cereal industry.
Is this thread a secret marketing ploy?!?!? Now I want some delicious fake apple cereal!
Glad I wasn’t the only one.
I thought I was really out of the loop. A brand I haven’t heard in over 20 years has been killin it.
The cereal is that good, I wasn’t doubting they were pulling that XD
Please vote with your money. Don’t waste money and buy overpriced stuff and certainly don’t support this kind of business practice. And fuck the shareholders too. If they want money, then work like most people.
Already do. Used to buy new phone every year. Now it’s every three years or so. That is completely due to price and lack of compelling innovation. Don’t care if shareholders make money or not. I just like good value.
I’m the same. I just got a 15 as my xr screen is cracked and the batter lasts half a day.
I’m home sick and didn’t even open the box yet.
I’m not particularly excited for a new phone, but my xr is just not working well enough any longer.
I am still using my XS max, just bought a $20 external battery for it.
A used smart battery case is pretty good too.
Economic genius.
Is this sarcasm? I don’t think I’m a genius, just giving a reminder, and perhaps pointing a flaw in capitalism.
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I read Apple Jack’s like the cereal and was confused
That was the point. There are several turns of phrase in the headline.
You like them apples?!?!
Yea, I was like, “Who the fuck would get a cereal subscription for Apple Jacks?”
“This doesn’t taste like apples!”
“For $9.99 a month, it will!”
Same I was wondering what they were changing the price of a box to. Tough times.
And you will pay it.
And idiots will pay it
One of the biggest drawbacks of buying iOS devices is you can’t leave. I swap everything out on my laptop and phones as needed, but on iOS you’re stuck with Apple’s app store, Apple’s operating system, oftentimes Apple hardware, and there’s nothing you can do about it. It simply ends up being so expensive.
It might feel that way, but people switch from one platform the other all the time.
It’s not impossible, just inconvenient. People nowadays often seem to conflate the two.
I’ve swapped between iOS and Android several times. There’s literally nothing stopping you from switching other than minor inconveniences.
You have a high opinion of the average idiot being able to navigate any of this. These are people that are confused by a two button mouse…
And you generally have a shitty opinion of people and their ability to navigate technology.
As with most things, it’s generally a cost benefit of convenience versus effort. Anyone can learn anything or transition to something else if they’re willing to put the effort into it. It’s just that most people aren’t willing to put the effort into most technologies and that’s their prerogative.
I work in IT man. The average person is incredibly tech illiterate.
You get paid to be at least competent at tech. Most people do not.
Unless there are apps you use regularly that cost a lot of money and you don’t want to pay for them again.
Do you regularly buy apps that cost hundreds of dollars? A vast majority of apps are within the $1-$5 range. We’re talking about buying phones that are well into the high hundreds to thousands of dollars. That’s a drop in the purchase and operating cost of the device.
Same said for other ecosystems like windows, android, playstation, Xbox and so on… Not apples fault.
Sure. I’m just explaining why it can be a problem if you want to switch.
They do a great job of integrating devices. As for the App Store, us in the EU will soon be allowed to install alternatives. I think the deadline is the end of March.
I have a Mac Mini because I like Logic and GarageBand DAWs, but outside of that I dont have anything to do with Apple stuff.
I do not understand all the rage, Apple does not provide any vital services or products. They can charge anything they want. If you don’t like it then don’t buy it.
but you still lock yourself in their offer space when you also bought devices that kind of depend on those services: music streaming for the homepod, fitness+ for watch, cloud storage for iphone photos…
every time you switch from apple to a third party, it’s ever so slightly less convenient, and they probably conceive their products around that notion.
Yes you have to decide if the cost of the convenience is worth the lock in and price of Apple products. At the end of the day you still have a choice.
That is their business model, no? The convenience and integration of their products is what makes Apple unique. Seems weird hold it against them.
Yea i buy apple because it just kinda works and it’s what i’ve used since my first mobile device, being an ipod 5. The switch to android just isn’t worth losing all my paid apps and whatever else
None of the products that had the price increased are locked in. Apple TV plus doesn’t even need an Apple device and has many competitors, Apple News has plenty of competitors, there are games you can buy without Apple Arcade though most do stupid in app purchases.
It’s always been trendy to rage at Apple and Apple owners. This is just the current rage.
If it’s “always” then it’s not a “trend.” Maybe if there is “always” rage at Apple, there is a good reason for it.
Yeah. For some, hate is eternal.
It’s supposed to be a personal computer - some folks don’t respect personal choices.
That is the thing with for profit companies, especially publicly traded ones. No matter how much they make, it is never enough. Next quarter must always be higher than this quarter or the world is on fire and heads will roll.
“our company only made 19 billion, we expected to make 19.1 billion, we are not sure how we are going to survive this”
Better fire 50000 people ASAP
Fire one million
Infinite growth.
The problem is their moat. If customers can easily go somewhere else hiking prices will have clear consequences.
*if there is actual competition.
Reddit has competition but also a big moat in that a lot of people need to collectively decide to move platform.
No disagreements from me. Enshittification at its finest.
I read the title 3 times before I realized it’s not about cereal
I am so happy that I’m not the only one that thought Apple Jacks were vastly more profitable than I had expected.
Honey smacks other coupon purveyors for substandard grifting.
Good one 😂
Or juice “profits.” (I’ve never understood people having cereal with juice, but maybe it works with Apple Jacks.)
They are epitome of passive aggressive capitalism. “Will keep doin unethical shit til they make a law not to and even then you have to sue me to make me stop”
It’s nestle’s MO.
I had to read the title several times before I understood that the article isn’t about Apple Jacks, the cereal.
Also I didn’t know Apple Jacks made juice profits, since when do they make juice?
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No one ever pays me in juice 🥺
It took me 24 hours, saw the headline yesterday morning and skipped over it. Didn’t realize it wasn’t about cereal until this morning.
And what are prices-to-juice profits? Like how much they make per balanced breakfast?
The solution is simple: Don’t participate in the Church of Steve Jobs, don’t turn yourself into an Apple disciple (and apologist).
The problem is that since there is no real competition all this shit propagates to other companies. If Apple is charging 1000 for a shitty phone, you better believe others will follow suit and charge 900-1000$
Meanwhile the fucking phone should actually cost 200$…
$200? what fantasy world do you live in?
The cost of making an iPhone 14 Pro was $570 and it sold for $800.
They are focused on services for making big profits, which is why you have to subscribe to a million services
I was exaggerating for effect. I just did a quick google:
A new report details how much it costs in materials to make Apple’s top-of-the line iPhone 14 Pro Max. According to Counterpoint Research’s bill of materials (BoM) analysis of the iPhone 14 Pro Max with 128GB, the cost is about $464. That model retails for $1,099
So I’m not far off in the price difference. Like I said overpriced bullshit. But you feel free to keep sucking that apple dong.
That’s just the materials used to make it though, what about R&D, software development, etc? I dislike apple but imo the phones are overpriced for a reason. Adding RAM or storage to their computers though… that’s real price gouging.
Nonsense. Apple has like a trillion dollars in cash laying around. So clearly their shit is marked up to such absurd levels, that not only does it cover all costs, including Rd, on top of all of that they still have a trillion in cash leftover. They don’t even know what to do with the money except lobby and bribe governments.
Stop defending these price gauging asshole mega corps FFS
I can get the TV+ hike. I don’t like it, but I get it. When TV+ launched it had very little content and no one was going to pay for that little content unless it was cheap. But now there is a pretty good library of new stuff, and it’s usually of better quality than what’s floating around on HBO.
Arcade price hikes - now that seems like a good reason to cancel Arcade. If they’re going to add better games that take advantage of the new fast processors, I can understand console tier pricing. But the games still mostly feel like mobile games. And not mobile as in “Nintendo Switch,” mobile as in “flappy bird.”
The logic is that others raised subscription prices and got away with it, so they can too. Masks have come off in the last 1-2 years and corporations try to milk us for every last cent, using any excuse (e.g. Covid, energy prices) they can. Inflation is not a law of nature, it’s corporate greed for more profits
For All Mankind S4 comes out next month!!!
Oh shit finally, I love that show
!Get fucked Danny!<
Man hbo is just dead at this point.
You got downvoted, but I agree. HBO isn’t what is once was, although there are a few gems. TV+ seems to be the place where people are allowed to spend an ungodly amount of money on a show right now.
I thought the same thing until I found Scavengers Reign.
I’m so excited for that… But that’s definitely Williams St/Titmouse before the merger being awesome as usual with discovering new talent.
I am subscribed to Max because I’m a stupid fucking DC nerd as well as a Studio Ghibli weaboo shithead. I am slightly ashamed
Honestly, arcade is a cool idea, but it’s never been cool enough to buy on its own. I feel like the majority of people that have it just get it as part of Apple One.
Yeah, I agree. I might be cool if you have kids. I don’t, so I’d rather just buy the one or two mobile games I play each year.
We need to abolish public trading, or at least vastly overhaul what it means to invest in a company
Minimum investment times and mandatory profit sharing might help.
Make investors consider long-term and create income for shareholders from all profitable companies.
Right now a company can lose money while making shareholders rich, or make money while making shareholders poor. This is stupid.
Also short selling. Maybe I don’t have a full understanding of how it works, but I don’t think you should be able to place money down in hopes of the decline of a company. I don’t think that really encapsulates the spirit of the word “investment”.
Like I thought the whole idea of stock was to put money into companies thag you believe in so they can have extra capital to grow, and then you get a cut of it. How in the world did people figure out a way to bet against companies and profit off of them losing? It just opens the doors for even more insider trading and corporate sabotage.
There was counterpoint I saw that advocated for the value of shorting.
You see this big successful company. You know that if they are caught doing something illegal or wildly unethical, you could profit by shorting. So you fund a bit of research to see if there are skeletons. Selling to an embargoed nation, poisoning an area, bribing officials.
Shorting provides a motivation to dig for dirt instead of just cheerleading a company blindly.
I agree that it doesn’t rub me the right way. The mechanism is interesting though.
Essentially what it is is you borrow a share of stock of Company X from John Smith.
You now owe John Smith 1 share and you sell that share for current market value of $100.
You now have $100 but still owe John Smith 1 share of stock, and interest based on how long you take to give him his stock back.
The stock now drops to $10.
You buy 1 share of stock for $10 and return the stock back to John Smith as well as some interest.
You now have a net +$90 (minus some interest) you didn’t have at the start of this. Voila, profit from stock going down. John Smith’s share is worth less now, so he loses out.
Why would John loan someone a share of his stock? Well if it maintains it’s value or goes up, then it’s you who lost because you owe John a share that you have to purchase for the same or more than you got for it, plus interest too.
The heart of the mechanism is loaning stock, aka loaning property of value. So preventing it might be tricky.
Perhaps also interesting is the fact that a loan never happens.
Instead, a contract is sold. The contract is for an option to buy (or sell) 100 shares at a certain price (strike).
So there is no loaning of shares, really. But the seller of an options contract has the obligation to sell (or buy) the shares at any time until the contract expiration date.
Sometimes, market participants borrow the shares instead of owning them. This is what I consider the shady part. Certain participants get a long time to “locate” the shares and are given a lot of leeway to do so. Often in the name of liquidity, they will just sell contracts without even going through the trouble of borrowing shares. They are allowed to if they believe they can locate the shares later.
This entire process allows for certain parties to basically create infinite shares from nothing. Believe it or not, this often gets abused. Money is basically siphoned from public companies in order to enrich Wall St.
When the stock price moves too much, which would put the stock counterfeiters at risk of insolvency, trading is halted.
Yeah, the problem sounds like we should be not allowing recursion, or regulating how many levels of recursion of allows for a reasonable level of liquidity and velocity of cash in an economy. Allowing for it to infinitely nest guarantees a bubble is going to pop somewhere eventually.
Stock buybacks should be made illegal (well, just don’t allow them) again.
Sounds like an excellent start to me 👍
And why would I want an apple anything? They get cheap labor so…what the investors want more money? Never had an iPhone or apple product never will.
Hate to burst your bubble on that one, but all of the latest and greatest phones are made by cheap labour these days. Apple uses China and India, Samsung uses Vietnam, Google uses China and Vietnam with some assembly in the US.
I just have second hand ipod touches and manage my collection by burning cds through media monkey to them. There is so many mp3 players out there that look good but when you get them the software is junk.
Why would anyone need a dedicated piece of hardware to play mp3s these days? My $250 smartphone accepts SD cards up to 1 terabyte, plays flacs, and runs whatever media software you want. I was using GoneMad until updates turned that to shit and now I’m happily using PowerAmp. But there are dozens of others I haven’t even tried.
I had a 5th Gen iPod video back in 2006 and loved the thing like it was my firstborn child but eventually it broke and I got a smartphone and have never felt the need for another one.
Output quality is a reason. Even if you have headphone jack, it’s usually built as cheaply as possible. Granted, Bluetooth headsets can be OK these days.
Come to think of it, do Bluetooth headphones only use class D amplifiers? Seems like it’d be hard to fit any kind of decent class AB amp in there. Class D amps have improved a lot in recent years, but you still want to use an AB if you’re serious (not even audiophile nonsense, just somewhat serious).
I had the first gen iPod 20 BG, that heavy white brick. It was glorious, the only focus was to hear music. There was like 19.5 GB just for your music, nothing else installed, than the music player. The mini LCD screen was perfect and quick.
Also loved my Nano ipod Video, the last nano.
It will never be enough. That’s the model of capitalism.
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