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


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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
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128x128mitch4t
That idiot dilletente owner of my Philadelphia Eagles made the list of billionaires this go 'round, with the description "self made" no less. I guess mom buying you a football team with that Harcourt Brace money qualifies as being self made in this day and age.

Jeff Lurie's now a billionaire, yet can't find $7M to match the offer future Hall of Famer Brian Dawkins got from Denver. Somewhere in the lack of loyalty that embodies everything of this day and age, I almost laugh in recalling the Chateau Luzerne commercial with the 4 liter, bigger than a gallon, jug and the mantra, "How do you think I got so rich?"
I just bought the new Pass Labs XP-20 preamp. It retails for about 14% less than the prevous Pass flagship and offers better performance. It was released just before the economy took a dive, so I don't know if the price drop is a response to the economy or not, but it does offer much better value than the model it replaces.
the demand for components in the $10,000 and up price category is probably not price sensitive. there would be no reason to lower prices.in addition, i would expect more manufacturers to go direct in order to increase their profit margin.
I agree that expensive items may not be price sensitive, they will be in quantity. I am sure fewer units will be solved, equally a problem for manufacturers.