> They'll never do it because it means decreased profits.
That's only true under monopoly conditions.
Fortunately, in capitalism, when there are two more more companies doing things like making phones, those companies actually compete on features. And battery longevity is absolutely a feature consumers care about.
And there's certainly no kind of monopoly conditions in cell phones. Competition is thriving. As it is in most types of portable electronics generally -- Bluetooth speakers, laptops, and so forth.
If you're the company that does it first, that means increased profits because suddenly more people buy your product. And if you're the company that does it last, it means decreased profits because less people will buy your product compared to the competition. That's the invisible hand at work.
That's only true under monopoly conditions.
Fortunately, in capitalism, when there are two more more companies doing things like making phones, those companies actually compete on features. And battery longevity is absolutely a feature consumers care about.
And there's certainly no kind of monopoly conditions in cell phones. Competition is thriving. As it is in most types of portable electronics generally -- Bluetooth speakers, laptops, and so forth.
If you're the company that does it first, that means increased profits because suddenly more people buy your product. And if you're the company that does it last, it means decreased profits because less people will buy your product compared to the competition. That's the invisible hand at work.