Archived posting to the Leica Users Group, 2009/01/02
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Seth >> Though I doubt that technology will or even can slow down. It's called commerce, << On one hand I agree with what you say. But product innovation may take a back seat to survival. We're in an economy where capital is very tight. Product innovation is costly and risky. There's less cost and risk involved in figuring out ways to milk as much as possible out of the products that are currently in place. I think a lot of discounting is happening because businesses are trying to turn inventory into cash (versus trying to clean out inventory because new models are on the way). It's not just happening to one company, or even to one industry. It's happening in lots of places. Business models that have worked for the past couple of decades may not work going forward. That's just my hunch and I certainly could be wrong. DaveR