@goofyfoot “Profit margins”
l think it’s a bit hit and miss with cartridges particularly at the lower end of the market, but it certainly is not for speaker cables and interconnects where the mark ups are 50% or more.
Insider information (which may or may not be reliable) suggests hardware like speakers and amplifiers are higher than that. Hi-fi is similar to the margins made on furniture. Furnishings can reach a staggering 75 - 100% mark up before discounts are offered.
”Profit” is not a dirty word, but “sky high mark ups” (margin) are dirty words.

