Comment by nirui
10 hours ago
> Focusing on profit within the next few quarters, and not caring about the longer term consequences
Anything new? From my non-American view, American companies has done similar things for a very long time now. It happened in the consumer electronics, it might happen again in the IT industry.
It's not the fault of the companies, they simply just wanted more certainty and the consumer market is not (when compare to cooperate contracts).
But from the stand point of a nation, if no one creates low-end products, then no one will be providing low-end/entry-level jobs. That's when you got structural problems.
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