ppface t1_jadaf98 wrote on February 28, 2023 at 4:45 PM

Imagine that. Money is getting tighter for people yet they keep raising prices by leaps and bounds. Maybe they should fire their executives since literally any jackass could see how their plan wasn't going to work.

SidewaysFancyPrance t1_jadgygk wrote on February 28, 2023 at 5:26 PM

Unit shipments may have dropped, but based on pricing, I bet their revenues/profits aren't being hammered by 35%.

ppface t1_jadjdiu wrote on February 28, 2023 at 5:41 PM

I don't think its sustainable. Okay fewer units, higher margin, same profits right? But a few years down the road, fewer units meant fewer customers, right?

Fewer customers for them also means fewer customers buying PC games.

Which means less incentive and funding to the publishers and developers of PC games.

Which means a reduction in the quality and/or quantity of PC games.

Which reduces the incentive to pay the bloated prices to stay in PC gaming.

Which means fewer units shipped.

I think that having a drastic reduction in GPU sales should be a cause for alarm for the entire PC gaming industry and beyond. Maybe its just because of the glut of used cards. Maybe its the prices. Probably both and other reasons all together.

I think that if the number of units shipped stays deflated, they're gonna have some major problems.

REPOST_STRANGLER_V2 t1_jaderj1 wrote on February 28, 2023 at 5:12 PM

Profits are still up for both companies, it's all about pushing it to the limit and then reducing prices, harder to increase prices, easier to drop prices.

ppface t1_jadh0mi wrote on February 28, 2023 at 5:26 PM

For now. I'll guarantee they lost market share. How many young people can afford their stuff? How many people have decided to just go with consoles that are much more affordable? I wouldn't be shocked if they've all but lost 20 something year olds. Between mining inflation, then covid shortages, then more mining inflation, the market has been unfriendly for close to 10 years.

REPOST_STRANGLER_V2 t1_jadj23v wrote on February 28, 2023 at 5:39 PM

nVidia stock over the last year is up 65%, they seem to know what they're doing. The same thing was said when the 3000 series was massively over MSRP, didn't affect nVidia if anything it actually helped them get even bigger profits.

You say the market has been unfriendly for 10 years, in the last 5 years nVidia stock went up 300%, back in 2012 nVidia stock was around $3 now it's sitting at $236.90, they're doing fine.

ppface t1_jadkcql wrote on February 28, 2023 at 5:47 PM

I was referring to the graphics card market for consumers, not nVidia's share value on the stock market.

I mean Tesla has a higher market cap than, Ford, Honda, BMW, GM, Daimler, VW, and Toyota COMBINED. So sorry if I don't exactly trust what tech bros are throwing money at.