Greed -yw
Displaysearch says that the total notebook market is down 5% year-on-year. While not surprising, or even expected and celebrated, little thought is given to the falling prices of consumer electronics in the face of record and rising commodities prices. Surely someone has to pay the price, even if the bill has been swept under the carpet.
“The entire consumer electronics industry faces the same dilemma. On the one hand, there is a race to the bottom, with commoditized components, descending prices, squeezed margins and a business model that mimics the grimmest realities of the IT industry. On the other hand . . . well, what exactly is on that other hand? It’s hard to tell when it’s tied behind your back. ” - Sir Howard Stringer, CEATEC — Tokyo, Oct. 4, 2005
Update 25 May 10 - Having 10 suicides in 5 months, Capitalism’s rational solution to serfs taking the easy way out instead of being a productive unit of society in squalid sweatshops is to … call in the Exorcist.