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[bloomberg] Time Warner Cable to Squeeze More Profit From Fewer Users - Page 5

post #41 of 62

One word. "Greed"

 
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post #42 of 62
Quote:
Originally Posted by djriful View Post

One word. "Greed"

And that one word can be applied to 100% of for-profit companies world wide and 99% of the population...so whats your point. After all comcast/time warner is a business, and you do know what that means right?
post #43 of 62
Quote:
Originally Posted by Papas View Post


And that one word can be applied to 100% of for-profit companies world wide and 99% of the population...so whats your point. After all comcast/time warner is a business, and you do know what that means right?

 

Yes... there is a different between earn for a living vs hoarding money. Money is never enough so there is greed.

 
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post #44 of 62
ha, I live in a decent sized city, and we have 2 cable companies. but they like work around each other, so part is 1 company, part is the other. The only way you can change which company you get is to literally move to a different part of town that has the other one. unless you want crap 2mb down DSL garbage that slows to a crawl with a medium wind or a light rain. Then any problem you have that cannot be fixed with 'restart your computer' requires a service call.
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post #45 of 62
Quote:
Originally Posted by Papas View Post

Quote:
Originally Posted by Stealth Pyros View Post

I won't have a drop of pity for Comcast/etc. when that time comes; and I have a feeling it's coming much sooner than everyone thinks. I think that Google's ultimate goal (aside from getting this additional tremendous stream of revenue of course) is to get a reaction from the other ISPs. They got that, but not to the extreme that they're probably hoping for. Soon enough they'll realize that they're going to have to blow this up into a national rollout and will announce multiple new states every month. I honestly feel that the $140B estimate that "analysts" have given is a HUGE overstatement, especially with Google pulling off the $1 acquisition for Provo's fiber network. Google knows how to bargain; AT&T/etc. obviously don't and that's what's going to slaughter them. AT&T complains about local governments bending over for Google, but have AT&T ever offered anything near what Google has offered? Free service to all government organizations? Great, low, competitive, fair prices to residents? No data caps? No/low cost initial setup fees? (The $300 initial setup fee for the $70 plan was waived thanks to such agreements). I thought that (according to AT&T and TWC) their customers don't need 1gbps service? Wha happen Warner? Did something change your mind? You seem awfully stressed out and desperate for a similar deal for not being interested in serving your customers and being so sure that they don't need faster connections.

Comcast is THE best service provider in the us. They give the best speeds. Now you dont bash intel when they charge a premium for being the fastest, why bash comcast for doing the same?

Mmmmm I think it's a safe bet that the profit margin per processor is nowhere near the profit margin per Comcast subscriber; two totally different things being purchased, a product and a service. A 12 month subscription to Comcast costs about 3 times as much as a 2500k that will last you 3 or so years. Bigger picture now? biggrin.gif

I'm not disagreeing with you about Comcast being the best we got (for the most part). I pay $65/month for 50mbps service including TV, and have been getting around 83mbps. It's just... if Google can give us 800mbps+ for $70/month, Comcast/etc. seriously need to step up their game.
Edited by Stealth Pyros - 4/30/13 at 6:00am
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post #46 of 62
Quote:
Originally Posted by Stealth Pyros View Post

Mmmmm I think it's a safe bet that the profit margin per processor is nowhere near the profit margin per Comcast subscriber; two totally different things being purchased, a product and a service. A 12 month subscription to Comcast costs about 3 times as much as a 2500k that will last you 3 or so years. Bigger picture now? biggrin.gif

I'm not disagreeing with you about Comcast being the best we got (for the most part). I pay $65/month for 50mbps service including TV, and have been getting around 83mbps. It's just... if Google can give us 800mbps+ for $70/month, Comcast/etc. seriously need to step up their game.

To start, Google develops and provides android FOR FREE to any person wishing to impliment it to any platform. That being said, Google makes an enormous amount of revenue between the app store and the various other data mining techniques they use every time you use their product. The same goes for Google Fiber, they use the information collected between your TV viewing and internet usage which is their main source of profit.

To give perspective on companies such as Comcast and TWC, of which I am an employee of one of them. Last year I W2'd at $43k gross, my unpaid benefits (company paid Life, D/D, medical insurance, pension, 401k contributions) totaled just over $22k. Add into that cost of labor fuel, tools, materials, equipment, and my company puts over I would conservatively estimate over $90k per year for me to accomplish the work I do on a daily basis. I also receive complimentary cable/internet primarily because I am able to identify issues in my area and to have product knowledge. One of these banked over $5bil in profit last quarter I believe, of which some of that is kept in the bank, and some put towards expansion of services and territories. I'm also a shareholder, and am concerned with profit as my investment becomes more valuable with larger profits.

Cable companies don't data mine in the way Google does, therefore they have to make profit from subscription costs. I won't shed a tear when I have to foot my portion of the bill this November when my next child is due, even though the costs of simple medical supplies is ridiculous. Quite simply it works like this: if a company provides a service, at a specific cost, and you pay that cost monthly, they won't change. Take your money elsewhere, and if enough people do, they will reduce cost to drive a subscriber increase. Don't sit and complain and keep paying for something you don't like, and if they are the only provider capable of providing what you want, then either deal or encourage the competition to up the game.

AMD/Intel are probably the closest competition to this forum. Many of you are willing to pay up to $200+ extra for Intel which performs better than AMD even though AMD is the price you would like to pay.

Flame on and rage about it. Complain that they pay too much for techs and that's part of the problem. Complain that a company is interested in profit. When you bought a new house, did you complain that the GC was cut a check for somewhere in the $15-$20k range AFTER the cost to build the house, or that the broker received a 6% cut of the sale price when you sold it?

It's all a simple economic fact known as fair market price. It's not a rule, just a standard.

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post #47 of 62
One of the problems with capitalism is the answer is never "We're making a great profit! Keep it up folks!"

It's "Our revenue growth is not keeping up with our projections"

Not making more money year-over-year is considered failure, even if turning a tidy profit. So eventually, the company kills the goose that laid the golden egg.
I know so many people who have cut ties to cable and dish feeds because it's WAAAAAY too much money for what you get and almost all programming is still laden with 20min of commercials to 40 minutes of programming.

I'm getting really close myself. If I could get the 3 major networks over-the-air reliably, I probably would.
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post #48 of 62
That's odd because here in San Diego, Time Warner, when I had them, was $99 for 100Mbits down. We paid $45 for 30Mbis. Now I have Cox and I pay $90 for 25 down and advanced cable.
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post #49 of 62
I actually work for TWC and we honestly have one of the best companies as far as caring for customers from our end. I always found it ironic that the corporate sector and how packages are created never seemed to match up with that. I am giving essentially free reign to do what is needed to fix customer issues and try to correct problems created by other departments. But the big picture things like the pricing we never even see the slightest bit nor do we have almost any control. We have to learn to trick the system half the time.

To be fair though I feel like its just the ISP nature. I do what I do becuase I love computers, networking and helping people. Customers jump providers and demand irrational things from us and the competitors play off that problem which just creates a cycle. Maybe this is just an internal perspective but I honestly believe if we were to give sales people incentives like we do for our tech departments for getting A+ / Network+ / Security+ they would be able to truly relate to customers more. I hate nothing more than having to clean up an issue where a sales agent convinced someone to upgrade to "better" internet when the issue was really a line problem, signal issue, maybe even the customer's own computer.

The ISP / Cable Provider mentality as a whole honestly makes me a little sick most of the time when I see sales agents pulling in 20k per year more than me to essentially lie to customers half the time.
post #50 of 62
Quote:
Originally Posted by Penryn View Post

That's odd because here in San Diego, Time Warner, when I had them, was $99 for 100Mbits down. We paid $45 for 30Mbis. Now I have Cox and I pay $90 for 25 down and advanced cable.

yeah I am up in Irvine and have cox, no other real option. no fios offered. 55 bucks plus some more for the "boost". I pay 24 bucks for basic and I cant even get cnn.
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