• N-E-N@lemmy.ca
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    1 year ago

    What a dumb article title

    Their 6.2b profit wasn’t from GeForce Now, it was from their overpriced GPU’s.

    Products are priced based on their cost/value, not the companies overall profit margins

    • steltek@lemm.ee
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      1 year ago

      And game streaming is such a profitable market segment too. I mean look at how well Stadia is doing.

      • Polar@lemmy.ca
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        1 year ago

        They failed because no one could trust them. I never bought into it at all because I knew one day they’d shut it down, and they did.

        Google ruined their reputation, and people are going to have a tough time buying into anything they release. I really only buy their phones and use their services that I am not tied into, such as YouTube, Maps, Translate, etc. All of their services where I am buying things, or hosting my data, I jumped shipped a couple years ago.

        I mean shit, I bought their Google WiFi and they just straight up fucked all their users and released their Nest WiFi, pretending the Google WiFi doesn’t exist.

    • geissi@feddit.de
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      1 year ago

      Products are priced based on their cost/value

      Ah, yes and the world is full of rational actors with perfect information.

    • TheAgeOfSuperboredom@lemmy.ca
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      1 year ago

      “Products are priced based on their cost/value, not the companies overall profit margins”

      It doesn’t take much to observe that this is just incorrect.

      That’s how it’s supposed to work, and they teach that in your Intro to Economics course, but in reality it just doesn’t work that way.

      • N-E-N@lemmy.ca
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        1 year ago

        It does, it’s just that the “value” gets fucked and manipulated in ways that are bad for the consumer