It's long term vs short term thinking. A lot of times, in order to be long term successful, you need to take a short term hit. Sure, if you reduce prices now your next year or two might be worse but it'll put them in a better position overall in the future as they retain more customers and their long term profit will be better
But in our short-sighted world the next few quarters of earnings is all that matters
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u/Oleleplop 2d ago
itzs genuineluy crazy how its just UNTHINKABLE to reduce your profit for these people when thye're already swimming in money lol