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Adobe, Apple and Microsoft address price gouging in Australia

By Shawn Knight
Mar 22, 2013
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  1. Executives from Adobe, Apple and Microsoft attempted to justify the excessively high prices their respective companies often charge for goods sold in Australia to the country’s Parliament on Friday. The companies were issued subpoenas last month ordering them to appear...

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  2. Lies, Lies, Lies.

    Who wouldn't LIE to maximise Profits? The Pope...oh, scratch that too.

    Part of the problem is that Australian's just DON'T understand that cheaper can be better, and have a ridiculous perception that if you pay more you get a better product, always. This is the mindset exploited by the big companies, combined with the higher amount of disposable income per capita in Oz.

    Give us a break - we have to pay for our McMansions. Our Convict mentality seems to keep us in servitude to stupid prices and big companies lies (try examining our inexplicable Petrol Price fluctuations of up to 20 cents over a 10 day cycle (often leading to a public holiday) to see how toothless our regulatory authorities are).
    avoidz likes this.
  3. misor

    misor TS Maniac Posts: 1,011   +150

    If these executives lie and the Australian government is afraid to go after them, then the government should run after these so-called channel partners and collect the proper taxes for the exorbitant retail prices.
  4. KG363

    KG363 TS Enthusiast Posts: 524   +9

    Those are completely legitimate reasons. They can charge whatever they want. They owe NOTHING to us. If it's worth the high prices, people buy it. If it's not, people don't buy it and it become unprofitable to sell. If it is SO overpriced, maybe someone can step in and create a competing product at a lower price. But that's not happening. This really isn't complicated. It's simple supply and demand that a high school economics teacher could teach. The only argument that could possibly be entertained is that the Australian business landscape isn't conducive to fostering software startups.
    SantistaUSA likes this.
  5. yRaz

    yRaz TS Booster Posts: 907   +94

    the share holder is always right
  6. Mbloof

    Mbloof TS Rookie Posts: 56   +7

    There's something very wrong when a round trip plane ticket to the States+Product costs less than buying the product in Australia.
  7. davislane1

    davislane1 TS Guru Posts: 1,308   +479

    Do not ever bring logic to any web discussion relating to corporate finance or economics. You will never win.
    KG363 likes this.
  8. Renrew

    Renrew TS Enthusiast Posts: 238   +17

    They could have saved themselves the hassle by using 3 words: "Because we can"
  9. NTAPRO

    NTAPRO TS Enthusiast Posts: 810   +91

    I hear of a lot of things costing more in Australia
  10. captaincranky

    captaincranky TechSpot Addict Posts: 10,680   +880

    I wonder if these execs flew to court in their private jets, the way US car makers reps did when the were begging for a "bailout".

    Even our corrupt, "under private management congress", didn't let that slide.

    But you know what, unless you live in an Afghanistani cave, you should be aware that Apple pretty much sets their prices based on what they think the imbeciles who are willing stand in line for two days to get one, will pay.

    M$ Windows has become such a standard of the computer industry, the product needs to be declared a "utility", and regulated along the lines of gas, electric, and water.

    But, this just in, the "utilities" are in large part, no longer under government regulation either. So, as Alice Cooper so eloquently puts it, SUFFAH...!!
  11. St1ckM4n

    St1ckM4n TS Evangelist Posts: 3,468   +622

    Pretty much. I read the live blog. The whole thing was the execs fluffing about in a circle, saying it's not their fault.


    Everything. Absolutely everything (Take it with a grain of salt, though, of course.) And the service you get for it? Horrendous.
     
  12. avoidz

    avoidz TS Maniac Posts: 454   +54

    Australians are rammed from behind at every opportunity from these big corporations. How do you justify pure GREED?


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