Big changes at Audio Research (again)

The mystery of the hi end audio industry. Given the numerous positive reviews of Acora, Val may have been tempted to sell when the departure is timely and profitable. If they did increase prices, it would not be surprising. Seems to be the current trend in hi end audio. Maybe someone can provide the rational for such action. Greed? Higher manufacturers costs? They think their market will not be disouraged from adsorbing the price increase? Another reason?

In any event, this trend is very dubious ( I think arrogant and self defeating) to expand their market and only cater to the uber wealthy. The death knell of this industry in my view. Why can't companies follow the Magnepan pricing model? Are their other hi end companies that have a similar philosphy?
 
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