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Digital Drive Upsamplers, DACs, jitter, shakes and analogue withdrawals, this is it. |
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Digital Drive Upsamplers, DACs, jitter, shakes and analogue withdrawals, this is it. |
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In Reply to: Re: recent review in TAS posted by Andrew_P on February 5, 2007 at 16:23:05:
>>Unfortunately, the sustainable revenue in high end is in the HT space.<<It's easy to think so, but I see no real evidence of this. Certainly in the media space (that is, magazines), Hi Fi seems healthier right now, from my mostly outside perspective, than the home-theater press.
2-Channel hi fi is a mature market; it's not growing fast or shrinking. I believe mature markets are more "sustainable" than growing ones. The problem is one of marketplace expectations: those who view companies only as a way of making money--and not as a way of delivering a product or service--always demand higher and higher returns (i.e., growth in the value of the stock). But an industry dominated by private companies can cruise along quite comfortably with very modest growth rates. I'd say that a mature industry like hi fi audio, which has the most enthusiastic enthusiasts I've seen in any other area of commerce (except porn maybe ;-) and many dedicated (to the art and not the money) manufacturers, is VERY sustainable. It's very much a partnership between companies and customers.
Whether Wadia will survive is of course a whole other question. I don't know anything about the company.
Jim
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Follow Ups
- Disagree on one point - Jim Austin 05:44:03 02/06/07 (0)
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