esoteric products


Hi Goners!

With the recent purchase of controlling shares of TEAC, Gibson Int. has been on quite a tear solidifying both the instrument, pro and home audio areas of they're growth!

With a consolidation of Onkyo, among others, they have been quoted as saying that Esoteric accounted for only 1.9% of the audio division of TEAC!!

As to the future of Esoteric they again stated that the brand "will have to mature and evolve on it's own"...

With the core group of USA market and matinence people accepting other jobs outside of the TEAC group then, even if Teac still pledges to support the upgrading and repair of the units how long can it be before Esoteric does a nose dive?!!

Is this the reason EVERYONE is dumping they're Esoteric gear? Looks like a dead end for the GRANDIOSE line...

Your thoughts,

Azjake
128x128azjake
I agree. My K-01 player is still serving me well but I will not upgrade to another Esoteric product when its time is up.
"With a consolidation of Onkyo, among others, they have been quoted as saying that Esoteric accounted for only 1.9% of the audio division of TEAC!!"

Actually, that's a lot.
Agreed...TEAC home and pro audio sales world-wide is a huge number so almost 2% of that does not in any way mean that Esoteric should apologize for their revenue numbers. There has always been a natural ebb and flow of audio gear from Esoteric, DCS, and many others here, generally after new models come out (the Grandioso 01 and 02 lines are relatively new as are the K-01x and K-03x) so people look to upgrade or have already done so. In many cases as well, people are jumping/trying other brands so the amount of Esoteric gear posted appears relatively normal. Their pricing, like MSB, DCS and several others is on the high end so again, the 2% number is not something to be apologized for IMHO, in the least.

BTW...the phrase that with the consolidation of Onkyo/etc, Esoteric accounted for 1.9% of TEAC sales,....is superfluous, at least to the Onkyo part. Esoteric sales is a fixed percent of TEAC sales no matter whether Onkyo exists or vaporizes; don't know what that phrase is intended to imply or incite except to muddy the waters.
There are a good number of reasons for not upgrading to another Esoteric product :-
1. Poor resale
2. No streaming
3. Value for money upgrade
For current owners of an Esoteric player, the best value proposition would be to keep it as a cd/sacd transport and add a hi-res music server/streamer/dac for pcm/dsd/mqa.
Zephyr24069,

The Onkyo comment was just to stress how aggressive Gibson is going after both the home and pro markets...Nothing incendiary suggested!
My comments, together with Jon2020 may culminate as to why the "ebb and flow" have recently been more of a Dam in the river...:-)

These pieces are going for pennies on the dollar as opposed to just three years ago!

The loss of key personnel won't help turn that around, in my opinion...

The 1.9% mentioned was IN COMPARISON to they're most recent group of acquired brands as a percentage of return...NOT a good number!