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Joined 2 years ago
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Cake day: June 11th, 2023

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  • Oh I know. I was just trying to shed a bit of light on whether this company’s decision was an attempt to take advantage and screw people over, or a genuine survival measure.

    The root cause is ultimately the tariffs that will be imposed by the US government.

    In reality the decision will be more nuanced, and this company will likely raise prices wherever it can whilst also securing long-term stock at current prices to both avoid the tariffs and increase margins to recover the capital quicker.

    But yeah. It’s all down to the government’s tariffs.


  • Without having more detail I can’t speak with certainty, but, general principles of inventory management and cash flow discourage having a surplus of stock, as that ties up a significant amount of working capital in the costs of storing and handling it all - you risk not being able to pay your liabilities because you’ve sunk all your funds into inventory that hasn’t yet sold and generated more revenue.

    Companies often have longer term contracts with specific prices agreed that can’t always be easily changed. Those contacts could quite easily become unprofitable if there are sudden increases to the direct costs of fulfilling them. So, rather than trying to fuck customers, this company is likely trying to stock-up at current market prices to ride-out the first year of tariffs, but in doing so, needs a large injection of working capital to cover the expenditure (hence cancelling bonuses), and also puts itself in a very vulnerable position where cash flow is concerned by tying up that capital in inventory - any further sudden and unexpected costs could lead to the business folding.



  • If you’re buying the phone outright then that could work. Provided it’s supported for that long, and you can look after it well enough then I don’t see why not - you just have to be prepared to pay £800 all at once.

    Part of my reasoning is the £400 cost keeps my monthly bill down, as I don’t buy the phone outright.

    If nothing else, keeping one phone for 6 years would be better for the environment.






  • I’m one of the younger millennials (I think?).

    I never carry cash unless I have to (for some reason dependent on where I’m going). I primarily use my phone to make payments, and I don’t have a traditional wallet, but I do have a slim card-holder that carries my debit card, driving licence and one or two other important cards.

    Take that for what you will, I guess!





  • AcidOctopus@lemmy.mlto196@lemmy.blahaj.zonerule
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    9 months ago

    I own a pair of Porta Pros as daily drivers. I also have a pair of Ananda’s that I run through a BTR7 (not super flashy but more than your average person’s setup).

    I would say the average person doesn’t need more than a pair of Porta Pros. They’re absolutely fine 😅




  • New cars are ludicrously expensive, especially EVs.

    The most I can afford to spend on a car is maybe £14K, and that’s under the proviso that about £4K of that is my own money and the rest is a loan to be paid off over about 6 or 7 years.

    So yeah, I’m going secondhand ICE with about 50K miles on the clock and praying it doesn’t die before the loan is paid off (and preferably longer still so I can save a bit more towards the next one).

    I’m all for EVs, but they’ve got to bring the price down, and they’ve got to get the batteries to last long enough for the secondhand market to be viable.