Roy Schestowitz wrote:
>Panasonic Lumix Android phones coming spring 2012
>
>,----[ Quote ]
>| Panasonic is set to bring its Lumix cameraphone range of smartphones to the UK
>| and Europe in 2012, with the company eyeing up a spring launch.
>|
>| This is according to the Nikkei business daily, which is reporting that
>| Panasonic is currently in talks with "a major telecoms firm".
>`----
Well, why isn't Panasonic put-off by the fact that some other company
might try to make and sell the same type of product for less?
According to shitwitted trolls, if a market is free and open, all the
companies can do is compete on price, so there is inevitably a "race
to the bottom", providing only poor-quality products to the consumer.
But, now that I think of it, Panasonic makes money making
*high-quality* products in *many* different markets, from televisions
to batteries to vacuum cleaners.
Why has there been no "race to the bottom" in those markets?
Could it be, just maybe, that free-market forces ensure that products
must reasonably satisfy and provide good value to the consumer, as
well as be economically viable to produce?
Could it be, just maybe, that the needs of most markets are best-met
by having a broad range of product choices, at different price,
performance, feature-set, and quality levels?