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£220 'for a cut-up sock' — Apples's new iPhone Pocket ridiculed online

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68 points Lyngbakr | 1 comments | 13 Nov 25 01:20 UTC | HN request time: 0.2s | source
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Waterluvian ◴[13 Nov 25 01:32 UTC] No.45909342[source]▶
People make irrational purchases all the time and I don't really see a problem with that. What makes me wince is when people are trying to rationalize their irrational purchases, especially with strangers. Or when strangers seek to make them feel silly or bad about it.
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programjames ◴[13 Nov 25 01:40 UTC] No.45909409[source]▶
I see a problem with it. It

(1) makes companies market (lie) more aggressively, because it ends up working out.

(2) makes prices irrational, because if a bunch of stupid people will buy your shit product, why would you care about the 1% who actually do their research?

replies(1): >>45909464 #
1. Waterluvian ◴[13 Nov 25 01:47 UTC] No.45909464[source]▶
(1) But that's how commerce works. Does a product sell? Okay sell it more.

(2) People who "do their research" aren't entitled to anything. Maybe they just won't buy it? Then it's not for them. I don't understand what "makes prices irrational" would even mean in this context. The right price is whatever maximizes P * Q.