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 2 responses by noske

When I contact theme to add some precision about the unit issues

Each time you do this it goes back to the back of the queue, especially being something repaired under warranty - low priority.

any objective analysis of the data will show that the world economy is expanding at a rapid pace.

Unlike yourself, I don’t have objective data for the *world*, but I do have recent data for the USA. Here is a quote (in part).

The American economy expanded an annualized 2% on quarter in Q3 2021, well below market forecasts of 2.7% and slowing sharply from 6.7% in Q2.  It is the weakest growth of pandemic recovery as an infusion of government stimulus continued to fade and a surge in COVID-19 cases and global supply constraints weighted on consumption and production.