Although it seems that the configuration is high and the cost performance is high, it is not worth the price when it is officially delivered. To put it bluntly, Xiaomi does not make money or sell it, but makes money and then sells it. Futures and spot are completely different. Spot is actually a tradable commodity. Futures are not commodities, but standardized tradable contracts based on specific bulk products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Generally speaking, Xiaomi futures refers to hardware production. Another important rule is that the more the production quantity, the lower the cost of diluting each mobile phone. For Xiaomi mobile phone, of course, it can't sell much in the first few months, because at that time, the profit was very thin or even at a loss. What have you been doing these months? Continue to sell goods round after round like toothpaste, constantly reminding users of the existence of millet. Come and get it. Sorry, there are too many buyers for you to buy, but you will continue to be interested. After a few months, when the hardware cost is really reduced, the sales volume can be released and provided to most users. This is also the time when the profit margin of each mobile phone is the highest. In a few months, the mobile phone will completely lose its competitiveness, and the price will be reduced. The next generation of millet will come again.
Futures price refers to the price of the subject matter of futures contracts formed through open bidding in the futures market. The futures price refers to the price that the buyer and the seller agree to deliver on a certain day after the transaction is established. Its biggest feature is that trading and delivery are not synchronized, that is, delivery is made after a certain period of time. 1898 the establishment of the Chicago cream and egg chamber of commerce marked the birth of futures trading. At that time, the commodities traded in futures were basically agricultural products. Later, the Chamber of Commerce was renamed the Chicago Mercantile Exchange, and more and more commodities were traded in futures. Financial products such as stocks, bonds and foreign exchange in some countries have also joined the ranks of futures trading. When the price tends to rise, the futures price is higher than the spot price; When the price tends to fall, the futures price is lower than the spot price. In general, because futures bear more storage fees, insurance premiums and interest, their prices are generally higher than the spot prices.