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22-Feb-2017, 09:05
(This post was last modified: 22-Feb-2017, 09:10 by Hifi_swlon.)
For more perspective - Apple, Q1 2017:
-Revenue of $78.351bn
-Net income (profit) of $17.891bn
Well, won't be long before Devialet reach Apple's figures......
>>> 1st Place Award: Devialet, last decades most disappointing technology purchase. <<<
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Nor did I, that's huge.
Let's just hope if Devialet get there, they won't have similar products and reputation at that point.
My fear - not just for Devialet but for any growing company with shareholders and venture capital - is that rich people are generally only interested in money, whereas founders of companies generally have real passion for products. The money people almost always win.
>>> 1st Place Award: Devialet, last decades most disappointing technology purchase. <<<
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Interesting to see these numbers appear in one place and, were it pertinent, one could do more work to look at volumes and margins and costs - which probably differ significantly across this industry as have exchange rates pre and post Brexit. But working on the basis that Apple's PBT of around 20% of sales is indicative of the industry generally regardless of size, maturity or subsector one arrives at these annual indicative PBT figures in $m:
Apple 70,000
Bose 700
B&W 30
Devialet 15
Linn 5
Innuos Statement 2TB SSD with Next-Gen PSU (with Roon lifetime)
MacBook Pro (with Air)
Draytek Vigor 2860v-Plus/Devialet Original d'Atelier CI Nos. 54A&B/Magico M3 pair
Shunyata cables (digital/interconnect/loudspeaker/power)/Shunyata power units (Triton/Typhon)
Dialog/Phantom Gold/Tree pair
Missing Link cables (power)
England
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On the upside, if Devialet grows as big as Apple while remaining as undisciplined as they are now just imagine all the information which will leak out to the rumor sites. Maybe that's the "improved communication" they promised.