QUOTE(sylar111 @ Dec 12 2014, 04:58 AM)
Your argument is very flawed and you know it. You like to use USD as the benchmark. So did computer price decrease in terms of USD then. After all, for most major hardware company, they are measured based on this standard. You are starting to look more and more absurd really.
Most analyst out there would not argue that computer prices are getting cheaper and cheaper. You are the only 1 who is saying otherwise just to prove a point. But you know in your heart it is totally absurd.
Why dun u use zimbabwe dollars then. I am pretty sure the price of computers increase a lot in terms of zimbabwe dollars.
Anyway you are wrong regarding Nokia not being around. That is a ridiculous assumption since Nokia was once the dominating player and they could easily get into the smartphone arena given that even Samsung is doing that
I am pretty sure that if Apple did not come in, Nokia will still be dominating in the mobile phone industry. Nokia could sell their phones at 150 and still make a profit. The thing is, there may be other brands that sell at a cheaper price but then Nokia is already an established name and that commands a premium as well. I think you are the only one out there who says that Nokia died off because of price competition. Also the reason why phones are sub 100 right now is because they are not in demand. Nokia could still sell some of the higher end phones for 400 even 500 plus if not for the ascendency of smart phone. The fact of the matter is, mobile phones are now obsolete because of the smart phone. Nokia suffered because of this. You are twisting something that everyone knows just to fit your argument. Most people with a brain would know how absurd your basis are.
Even in the smart phone arena, phones are getting cheaper. You have Xiao Mi and the others creating really cheap phones. Apple sell their phones at a very high premium. Everyone except you knows that. That explains why they have such a strong balance sheet. It's the brand. They can afford to sell their phones at a high price and people will still buy because they are brand conscience.
I have said that a gold backed currency is not ideal but necessary. But then seeing that you do not even get your basics correct, it is pointless going further on this.
If there is no smart phone pop up in the market, ordinary phone may still around RM1000 per piece.
And Nokia won't be at current state.
Ordinary phone drop in price? Yes --> deflation. Disregard the demand issue or not, we are talking about deflation effect to company, not company competitive or not.
Nokia is doing fine and making hefty profit? They may manage to turn the loss recently, but was bleeding severely previously few year.
I don't think need to find article to tell the state of Nokia, common known issue.
But this is first time, I came across saying Nokia is doing fine in phone business.
Did Iphone price have deflation (drop in price), this answer all the mother question of deflation.
Gold backed currency issue is not about not ideal, but unworkable.
Remember the previous 9 person hoarding 99% of the money example I gave?
This simple model already illustrate how unworkable gold backed currency. Don't need to dig into more details.
I stop posting long explanation simple Q&A will answer all (if not saying twist again
)
Ordinary phone drop in price? Yes --> deflation -- company struggling
Iphone drop in price? No --> no deflation, company making decent profit.
Xioami drop in price? No it starts off with currency pricing --> company still doing ok.
Dec 11 2014, 09:52 AM
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gold is, you hold nothing but paper. Better to hold physical gold.
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