The practice of launching new versions so often is a little annoying, especially if you’re someone who bought a 12th. Correct me if I’m wrong, I think the 12th versions were launched in 2022 followed by the 12th-1’s in early 2023, and now the 15th versions May/June 2024.
Unfortunately, or fortunately, depending on how you look at it, I’ve never heard a Pontus of any iteration prior to ordering a new Pontus 12th-1, and of course I was sent the 15th instead, so I have no way of comparing and contrasting the 12th-1 with the 15th. But, I suspect as @marco1 suggests, I doubt the difference would be significant, probably a refinement rather than a major update.
I’ve never bought a new Denafrips DAC prior to this; the 2 Ares units I’ve had (Ares II and Ares 12th-1) were both bought pre-loved, 2 or 3 years apart, and sold on at close to what I paid for them, so personally i don’t feel burnt as someone who bought a 12th, and then the 12th-1 was launched not long after.
Admittedly, I’m not someone who feels I have to have the new model of something whatever it may be, if I already own a previous model, but I know and appreciate some people do feel compelled to.
Unfortunately for us in the US and Europe who enjoy these products, this practice seems to be the norm with manufacturers in China/Asia, SMSL for example seem to have new DAC every 5 minutes (I vaguely remember a YT video by Jay’s Iyagi (spelling?) about this very issue. The focus of the video was that he felt the situation had gotten so ridiculous, that he wasn’t going to buy or review anymore of these DACs from the likes of SMSL, Topping etc)
At the end of the day, we’re not compelled or forced to buy any of these products. If for example a new Denafrips DAC was launched in the near future, say an 15th-1, or an 18th say, would I buy it? Big nope. From what I’ve heard of my Pontus 15th, I wouldn’t feel the need to, it is a lovely sounding DAC, and we know these new iterations are not major updates/upgrades but refinements which may be should be "silent" rather rather than launching new versions
Just my thoughts 👍