Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I simply have a problem of singling out one company not because of how they use your product, but because of how much they charge FOR the end product.

Every time you use a credit card, VISA or MasterCard or AmEx or whichever company is charging the retailer based on the price of the end product. Yet they are providing the same service, and have no increased costs because of it. Their backroom expenses are the same: servers, security, communications infrastructure, Vice Presidents, desks, buildings, and so on. Their business model is to charge based on the *value* of the transaction, not on the number of transactions.

Anybody who works on commission understand this, from the vacuum cleaner salesman who goes door to door to the waitress who suggests "drinks" or "dessert" in an effort to build your bill. If that's the model Qualcomm chose, well there are two options: play or find another way to do it.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement