1. Home
  2. amps-preamps
  3. 1234975909

The Economy.. will hi end audio mfgs lower prices?

.
The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.

Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?

According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.

....copy and paste it into your browser

http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
.
mitch4t
tvad
9,467 posts
 
MrT has it correctly, IMO.
shadorne's avatar
shadorne
7,333 posts
 
Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?

If the "banksters" keep paying themselves average bonuses of $112,000 then I expect $30K amps will continue to sell easily (especially if taxpayer bailouts foot the bill). The only question is how sustainable is all this? I mean how long can taxpayers continue to bailout financial institutions so that their employees can easily buy a $30K amp each year?
tvad
9,467 posts
 
I mean how long can taxpayers continue to bailout financial institutions so that their employees can easily buy a $30K amp each year?
Shadorne (System | Reviews | Threads | Answers)

Until the start of the Revolution.
ellery911
549 posts
 
Businesses and industries that took off during/because of the credit bubble will go away. No more funny money. People spending money they didn't have nor ever had the possibility of repaying contributed to ALL of our incomes believe it or not.

I can say one thing however. If there was a high end audio company that went public like TRLG did for idiotic $300 jeans...I would have bought Jan '09 puts on them too.
slikric3000
638 posts
 
I don't really know, but i received an email from spearit sound on their specials and they looked to have some pretty good deals on a few select items. I was a bit surprised at how low they were.
More to discover