Is it O.K. To Speculate Re: Company Stability Here?


  Today I read a thread a poster wondering in Mytek was still in business.  A couple of replies were critical of the poster for asking.

  Owners of Krell products started a few threads when the company didn’t answer queries about repairs.  Some criticism ensued due to alleged insensitivity to deaths in the family ownership.

  I mentioned that I heard a rumor about Sim Audio due to the demise of one of their founders and was told that I was on a mission to destroy their company.

   I fully understand that the Internet is the leading source of information, good and bad .  I also realize that it is the medium of commerce for audio companies .  I also realize that company margins are small and that misinformation can be very harmful to their bottom line.

  However the fact that these companies sometimes have precarious stability means that their customers, potential or otherwise, have legitimate questions.  Look how Thiel Audio, Krell, Audio Research, and Mytek have done over the past half decade or so.  If a creative voice at Sony leaves the company for whatever reason, chances are Sony will still be here for the next several decades.  With the companies Agoners tend to favor, it could be disastrous.

  That is a long winded prelude to my question, namely: Can we question the stability of companies here?  I don’t want to be a troll and hurt any manufacturer.  However where do we few tens of thousand aficionados get to ask legitimate questions?  This is a Forum for hobbyists, not God’s Writ on Absolute Truth.

  If anything I think that the quashing of rumors benefits the manufacturers more than seeds of doubt in the minds of consumers.  I speak as some who has previously bought Mytek and AR gear, and who has seriously considered SIm Audio.  Personally I am not going to spend thousands of dollars on something if I think the company may not be here in 6 months. YMMV.  However I think this space should be a legitimate place to ask questions.

mahler123

Yes there is no guarantee that a company the size of Sony will provide good service.  I personally won’t ever buy Marantz after having an extremely bad experience with them.  However I used Sony as a comparator to the boutique companies that most of us favor.  They have enough cash reserves to withstand blips in sales that might result from misinformation.  Sim Audio might be affected more.  And hopefully they and other Canadian brands will survive the tariff war 

 
This is a forum - you can share your an opinion. And someone 
can respond with theirs.

I personally wouldn’t spread anything about a company without first hand experience.

Simaudio appears to be doing very well in spite of the loss of one of the owners.  There are several owners who are actively managing the company.  They purchased it from the founder a few decades ago.

My experience with them is through buying a DAC and using their trade-in program to upgrade. I have never had an issue with their products. I have received quick responses when I asked questions on configure their streaming app with my NAS server. 

So far, I have only read two threads here this morning and both turned political very fast. Please guys, can we keep politics off of these forums??

I would check with the company first to see if they respond to a question before I post anything about them.  You have a concern and I understand that.  Is your concern about getting something repaired down the road?

If something can be repaired, then there are repair people who can repair them as long as parts are available and nothing needs to be programed.

20 year old products can be repaired if parts are available from a good repair tech.

We have been building our own gear and repairing for 25+ years.  I can only remember a few products that we could not repair or the cost to repair them was too much.

We can also modify a product to work using a slightly different design when all else fails.

Happy Listening.