Frankly, I'm surprised it's taken this long for some of the big names to be in big trouble. Every time I go to an audio show, I'm amazed at the high prices of gear and wonder how many brands can stay in business. I have a household income of about $150K and have no big debt (house and cars paid off over 12 years now), but I balk at spending the amounts asked for some of this gear. I'm sure most young people are just not able to put out the cash for this stuff when many see home ownership as nearly unobtainable.
More potential bad news for some big names...
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- 111 posts total
- 111 posts total