They're nowhere near bankruptcy. Sales are falling for a variety of reasons, and as a result they got rid of the old CEO.
This idea that every product must produce a recurring revenue stream has permeated way too deep. Buying a luxury automobile should entail luxury features.
I almost accidentally bought a scanner off Amazon that had a monthly fee in the fine print. As in the damn thing wouldn’t work if the subscription stopped. Wtf?
Frankly it’s tiresome and pathetic. It’s bad enough that pennies are pinched at every step of the manufacturing process to the point hardly anything lasts even 5 years anymore.
We get screwed over and over again so some asshole can hit their quarterly targets, or so the company’s stock can tick up a quarter point.