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SpaceGoku posted:they have made themselves into a luxury brand entirely held aloft by conspicuous consumption and their product quality has been dropping over the past few years p much this. the progressive iterations of the iPhone haven't been as hugely successful as shareholders wanted to see and IIRC tim cook had to give back a chunk of his 2016 incentive bonus at the end of Q4 because Apple failed to meet whatever arbitrary goals they promised shareholders they would meet. I think they've really tied an anchor around their waists by setting the expectation with consumers that there's going to be some new revolutionary product coming out every year. I don't know if Wal-Mart will take a hit when rural areas collapse, unless the collapse is so thorough that towns are literally abandoned in mass exodus waves. Wal-Mart has done an exceptional job at shutting out any competition; in many of those same rural areas, there isn't anywhere to buy clothing or groceries or etc except for Wal-Mart. personally I'm much more excited about Wal-Mart bringing back indentured servitude. when the primary source of income for a community is welfare and/or SSI it'd be easy for Wal-Mart to offer a new payment plan where your welfare/SSI checks are deposited directly into a Wal-Mart bank account, and then they pay you out 5x in Wal-Bucks, which you can then use to shop at Wal-Mart and pay for your rent in your Wal-Mart apartment building. IIRC they already started doing something similar in their South America plants a few years back (offering to pay people 5x their regular pay check if they agreed to take payment in the form of company scrip).
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Jan 17, 2017 20:03
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| # ¿ May 10, 2024 13:40 |
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