[Leica] Cash cows
Douglas Nygren
douglasnygren at yahoo.com
Fri Aug 22 09:04:51 PDT 2014
Looking at the prices of new things Leica I can't help thinking the brand has become a cash cow. Cash cows are desired products that become way overpriced and then continue their upward climb with the intent to suck every dollar out of the market before the inevitable crash.
This is no criticism of Leica quality. I love their lenses, but more than $8,000 for 50mm Summicron? Come on!!! I think status is what they are selling with quality as the come-on. I'm glad I bought my equipment before the rush to the top began.
Doug
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