Why CD players so expensive when the fomat is dead


Please explain to me why CD players are still so expensive, considering even the giant Wal-mart has announced they will stop CD sales due to lack of $$ support..It cant be supply and demand!
missioncoonery
Perhaps because there are billions of CDs out there to be played. Records are supposed to be dead but you can buy better and more expensive turntables now than in the heyday of the LP.

Wendell
It absolutely IS supply and demand. No one would be making expensive CD players if no one was buying them. It's as simple as that.
Have you looked at high end turntable prices lately and that format is supposedly dead and buried. I actually wasn't aware that Walwart was the bellwether of the industry, all of hi-fi marketing is going to the internet anyway. One of the rules of marketing is the price goes up as the market contracts, the ultra high end illustrates this very well. There is no current replacement for CD, computer audio requires considerable expertise and commitment of time and resources and will never , in its present form, replace CD. God knows I would like a superior replacement myself but as the entertainment industry keeps illustrating that they can't find their marketing posterior with both hands I don't expect to see one in my life time.