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HP ink jet cartridges = extortion?

The question itself could be a news paper headline.
I want your opinion on Hewlett Packard’s brutally expensive ink cartridges. Am I the only person who thinks that HP is extorting money from owners of their crappy home/office printers by making them pay $20+ for new cartridges??
In comparison, these cartridges contain as much plastic as the average McDonald’s kid’s toy, except with chemicaly engineered liquid inside. The cost of prducing one cartridge can’t be more than $5-10 for HP meaning their profits on each sale is at least 200%! To me that is alarming.
1) Does anybody else think this is more or less just consumer extortion? (I paid more for ink this weekend than I did for 60L of gas)
2) Can somebody recomend a cheaper solution? (I’m stuck with this HP printer for a while now so a new one isn’t an optoion)
Thanks

You’ve met the reason why inkjets are cheap: they sell them at or below cost (and bundled into computer sets for free), and make the money back on the cartridges. It’s not just HP, it’s all inkjets. If cost per page worries you, try laser; the cartridges cost a heck of a lot more, but they PRINT quite a heck of a lot more too, and don’t dry out like ink does. If you’re printing THAT much, then you may want laser anyway — they’re heavier duty printers than inkjets.

Since you say you don’t want a new printer atm, though, you could look into off-brand inkjet refilling solutions. They’re all funky brands nobody’s ever heard of, and it voids your warranty if it clogs your printer, but it’s cheaper than buying new.

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