alt Hacker NewsWhile I suspect this is actually profitable for them, you can't attribute 100% of their profit to anti-repair activities.
At a minimum, you'd have to break out profit from equipment sales vs service contracts.
Replies
hekkle • today at 1:51 AM
Well 500 million alone would come from "software". Which is "required" to be up to date for diagnostics, to fix anything else. https://www.thedailyupside.com/industries/tractor-giant-john...
syntaxing • today at 2:39 AM
Posted in another comment but you cannot just think about John Deere's balance sheet. A whole other industry would have existed without John Deere's intervention but they were able to capture a lot of the GROSS revenue due to it. You can look at other non high litigation capture industries like automotive.
This concept of percent of profits shouldn't be considered in the context of fines. For regulations to have teeth, punishments shouldn't just slap you on the wrist just because harmful practices weren't responsible for a lot of profit.
In that scenario, a lot of growth companies or just poorly performing companies could just say "sorry, we don't make any profit, so our maximum fine is $10," and obviously that wouldn't be fair at all.
Fines should really be about "what size fine will be a deterrent for this company?"