1203
Apple jacks prices to juice profits because $19.3B a quarter isn't enough
(www.theregister.com)
Now tell us again how their devices are better than any Android.
this post was submitted on 26 Oct 2023
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The costs of Apple subscriptions are probably part of the reason I left the iPhone ecosystem
Goddamn they were proud of that title "Apple Jack"(originally hard apple cider concentrated by freezing the water out vs heat distillation of the alcohol itself) and "Apple Juice" both make appearances. Gotta love El Reg.
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Just like the paperclip game. Invest in AI marketing, raise price to find the new stable product flux.
Apple Jacks Juices
Why am I hungry?
Apple shareholders be singing Luther vandross "never too much, never too much, never too much!"
I really like the idea of mandatory profit distribution to workers.
Imagine a world where this (or even half) gets divided equally by all apple workers. So much money going back into the economy, and a much smaller incentive to maximize profits...
Not sure if I was getting a sweet deal or what but I'm currently paying 4.99/mo. They are raising prices ro 9.99. In what universe would anybody think doubling prices is okay?
This is the best summary I could come up with:
Subscription pricing has been on the rise for nearly every service imaginable, and Apple isn't about to miss the opportunity to squeeze its customers for a little more.
In a statement provided to The Register, Apple said it'd begun rolling out new subscription pricing "in the US and select international markets."
Apple typically notifies customers by email of upcoming price increases, but this humble vulture has yet to receive such a notice.
"We are focused on delivering the best experiences possible for our customers by consistently adding high-quality entertainment, content, and innovative features for our services."
In August, executives boasted that services revenues reached an all-time high in Q3, with the company counting over a billion paid subscriptions.
Last quarter Apple as a whole made $221 million a day in profit and paid an effective tax rate of 12.5 percent [PDF].
The original article contains 378 words, the summary contains 141 words. Saved 63%. I'm a bot and I'm open source!