Comment by gjm11
10 hours ago
To whatever extent they couldn't afford to reduce prices while staying in business, they also couldn't afford to spend those alleged billions of dollars on basic R&D or stock buybacks.
10 hours ago
To whatever extent they couldn't afford to reduce prices while staying in business, they also couldn't afford to spend those alleged billions of dollars on basic R&D or stock buybacks.
Investing in potential future blockbusters and encouraging investors to value the equity by returning some fraction of profits is the business model.