2. misc-audio
  3. 170855-125986

About the financial strength of audio manufacturer

I wonder if the pandemic  has been positive or negative for the audio industry .

Manufacturer are private companies . It is not possible to analyse their financial  statements before buying their products.

What worth the 5 or 10 years warranty if they go out of business.

I have a sent my home theater processor for repair at the manufacturer office , several months ago. When I contact theme to add some precision about the unit issues, they either are very rude with the communication , or tell me my unit is about to be shipped , without doing so.

 

I wonder if they have too much works because of the Covid or if they are on the verge of bankrupcy

In the lasted situation , there is nothing the product's owners can do about their warranty.

Two dealers ( one is also a friend of mine ) that carry my manufacture ´s products were not positive .

I know is a weird thread
Reassure me , I am getting anxious

 

128x128maxwave

Showing 1 response by ghdprentice

ghdprentice
6,358 posts
 

In general the pandemic has been good for the high end audio industry. I am friends with my audio dealer. His sales have gone through the roof. 
 

On the small manufacturer front, it has been good... but shortages in parts has been an issue. Overall I think tremendously positive. 
 

If you buy audiophile equipment, the probability of needing repair in the first 20 years is really small unless it has a mechanical component. However, this is a perk of buying well established companies and resale value. You might be able to get a bit better sound quality from a new upstart but long term it could bite you... 

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