Mack4285They didn't have to prioritize the AI companies, right?

LastDudeALiveThe AI companies are paying 10x more, so they do, actually.

Mack4285Ah, yes I forgot public companies have no responsibility toward anything than their share holders, short term. At the cost of everything.

Mack4285Ah, yes I forgot public companies have no responsibility toward anything than their share holders, short term. At the cost of everything.

Mack4285This is sinking the whole PC industry. Bancruptcies coming. Including us consumers that may not even afford to buy a computer. Strange that the memory makers want this to happen. They didn't have to prioritize the AI companies, right? And it probably affects a lot of other electronics as well. Consumers will buy less, stocks will go down.

LastDudeALiveIf the director of any public company goes to their shareholders and says "We turned down a billion $ so that Mack4285 can spend $200 less on a gaming PC" they will be sued so hard their great-grandchildren will be in debt.

The Michigan Supreme Court held that Ford was required to pay a dividend. Notably, obiter dicta (a non-binding remark) in the opinion written by Russell C. Ostrander argued that the profits to the stockholders should be the primary concern for the company directors. Because this company was in business for profit, Ford could not turn it into a charity. This was compared to a spoliation of the company's assets. The court therefore upheld the order of the trial court requiring that directors declare an extra dividend of $19.3 million. It said the following:

A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of men to attain that end and does not extend to a change in the end itself, to the reduction of profits or to the nondistribution of profits among stockholders in order to devote them to other purposes.

FrozenPie1Ah yes, the classic.


en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

LastDudeALiveYep, it's crazy how many people don't understand the basics of this concept. You can not like it, that's fine. But you can't argue it doesn't exist.

TheinsanegamerNIt's crazy how, despite this court ruling, nobody can explain why C suites that tank value are not immediately sued into the ground. Bob Iger, for example, has demonstrably cost the stock holders hundreds of millions if not billions. So.......where are the lawsuits? IF, indeed, a public company MUST pursue growth and profit above all else, have we watched entire industries torpedo themselves to oblivion over politics with no dismissals, no lawsuits from investors, no government investigations?

TheinsanegamerNIt's crazy how, despite this court ruling, nobody can explain why C suites that tank value are not immediately sued into the ground. Bob Iger, for example, has demonstrably cost the stock holders hundreds of millions if not billions. So.......where are the lawsuits? IF, indeed, a public company MUST pursue growth and profit above all else, have we watched entire industries torpedo themselves to oblivion over politics with no dismissals, no lawsuits from investors, no government investigations?

tpa-prWhat can we do at this point but hunker down and try weather the storm? If you've upgraded already hold onto those parts as long as you can and if you haven't upgrade...sorry to hear.

Eventually there has to be a breaking point for the market, it can't continue like this indefinitely.

I do appreciate Framework's transparency though. No corporate speak, just an upfront explanation. Kudos to them.

tommo1982It won't. After the COVID they clearly found a new way to make profit quickly. GPU prices never returned to normal, now it's RAM. There was Bitcoin craze, today it's A.I. Tomorrow will be something else. Regretfully, as mentioned, it can lead to bankruptcies. Who cares though. Record profits are the top sellers.

Mack4285This is sinking the whole PC industry. Bancruptcies coming. Including us consumers that may not even afford to buy a computer. Strange that the memory makers want this to happen. They didn't have to prioritize the AI companies, right? And it probably affects a lot of other electronics as well. Consumers will buy less, stocks will go down.

LastDudeALiveIf the director of any public company goes to their shareholders and says "We turned down a billion $ so that Mack4285 can spend $200 less on a gaming PC" they will be sued so hard their great-grandchildren will be in debt.

There is no possible construction of fiduciary duty that gives these companies any obligation to Framework, you, or me.