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this post was submitted on 01 Jan 2024
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Technology
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By what magik are they able to “predict” a 50% price increase ?
Market Manipulation Lvl 1: Hyping
Man I cannot wait for The Day Before!
Setting expectations..
They plan to raise prices 50%, then they raise prices 50%.
My employer isn't any better. We raised prices on our second biggest product line about 6 months ago.
Article says SSD manufacturers currently sell at a loss & intend to raise prices because they want to be profitable, 40% is break even, 50% is profitable
Selling at a loss? Lol yeah sure they are.
Actually a common practice to gain a leg up in the market and kill the competition. This can drag on for long, but the endgame is always buyers getting screwed by a monopoly/oligopoly.
Then the journalist who wrote the article is absolutely lying to us.
Maybe they should cut the executive class salaries. Bet there is plenty of money there.