As a company we are not worried about this. We will just pass any price changes on to our customers. I assure you the quality and quantity of the hookers on my yacht will not be affected in the least.
Needing to pass on the price is quiet worrysome. It might affect sales. Economics is really not that hard to understand once you get into the basic fundamentals.
Economics is much harder to understand when you realize how little the basic fundamentals actually tell you.
Yeah, but computers and smartphones are kind of like food - people need them, they are not luxury goods. You might be able to use your old laptop a while longer or keep using your broken smartphone, but if it really breaks, you will buy another one regardless of tarrifs.
I know a lot of people who have moved away from smartphones to basic feature phones because of the expense and annoyance, as well as the relentless intrusive surveillance.
Lenovo laptops are no essential goods. But if everyone holds on to their laptop for 5 years instead of 4 years, that would hit their yearly sales by 20%. If that’s a lot depends on their margins.
Since you mentioned foods: Tarrifs will also impact food sales. People will prioritize cheaper foods. Avoid softdrinks, icecream and other non-essentials. They might also eat less meat and labor intensive fruits like grapes.
Nobody has infinite money. Everyone is affected differently by tarrifs. But everyone is affected by it and will change their consumption in some way, may it be the essentials or luxury goods. Lenovo will also be affected.
Save a click:
“Although we are still assessing the impact, but overall, I don’t think it has any significant impact to our business and to our future performance,” Yang said. “So many other countries that have that kind of policies like Brazil and India. So actually it’s not a disadvantage, but probably an advantage for Lenovo.”
Yang went on to say that because of Lenovo’s global manufacturing footprint with facilities in several countries including the U.S., the company is more resilient and flexible allowing it to adapt to different scenarios.
This mostly just comes across like a statement to calm investors.
Yup, “blah blah blah don’t panic sell please.”
click bait
Yup. I downvote titles like this in unexpected style.
