The death of ultra hiend audio


Verity and DarTzeel last year, now MBL, ultra high end audio manufacturers are facing their demise and they have nobody but themselves to blame. What do these companies have in common: too much investment in creating the very best and when that fails raising their prices bottom up to recover their losses and inevitably charging 2x what the same product cost just a few years ago. Ego, greed and poor management can only result in one thing!

hiendmmoe

Showing 1 response by jeffreyw

I contracted this 'Autiophile Disease' in my early college years (late 80s) and have followed the industry since. However, I have to say that I have never been as disgusted with pricing (all levels of gear) as I am today. The audio industry is capitalizing on this excellent economy, as any good business would, but when the merry-go-round stops, I'm not sure what's going to be left. 

This current economy is being propped up and is not as rosy as perceived. Jobs are becoming scarce, inflation is rising, and housing is all over the place. I hope the audio industry is ahead of this curve because when people can't pay their mortgage, they are not buying gear. The wealthy will have the resources, but even they economize during downturns. As for the majority of the market, it might be rough sailing if we enter a recession.