- Jun 12, 2014
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Founding Member
This isn’t as much of a deal breaker as you make it out to be. Just because people complain about a product, it doesn’t mean they will stop buying it. iPhones have gotten more expensive and are severely lacking in quality and innovation compared to their competitors year after year. People consistently complain about their clear agenda of planned obsolescence and argue they are deliberately hijacking their phones. But, guess what? Their stock price goes up every year and business is booming. You’ll complain today and begrudgingly buy next year’s phone anyway. The NBA and NFL aren’t going anywhere.
Comparing two completely different things. When it comes to smart phones are a direct part of our society and life. it's a one time payment for something that is part of our society. The substitute product is just another phone. For NBA,NFL, etc... they are just entertainment. The substitute to a phone is a phone. The substitute product for watching a sport league, is museums, walking, parks, movies, television shows, etc. So this bad comparison is completely apples and oranges.
Much like what was addressed during the Disney stockholder meetings this week, when you force social issues into the escapism people are looking for you lose profit. Do I believe the NBA, NFL will fold? No. But could they end up like Disney where they lose so much earnings they will have to correct course? absolutely.
I believe anyone should have free speech without fear of the government. But companies answer to stakeholders, and they want to maximize profits. What happened when the NFL was losing ratings for a variety of reasons? They corrected course. Now that was just a minor decrease in ratings which led to a decrease in ad revenue... The NBA, MLB, NASCAR are already under performing their contracts before all of this, so now add alienating people who just want to escape from all the BS.... is that going to hurt or help those numbers.
I don't care where you stand on this issue, it's about business. The only issue in business is maximizing profits, and this doesn't help reach that goal, in both the short or the long term.