Quoted from Mancave:Perhaps broaden your viewpoint just for a second and put this same blowtorch you are holding to virtually EVERY company out there, think you'll find that this is across the board, not just related to Stern. Just seems a tad odd to hold this against one company when most want quick profits whenever possible yeah??
I don't understand your comment, I don't think there is anything personally against a company, just pointing out that this is a pinball forum so the comment above is related to the discussion at hand to what a company is doing or not doing. It is not a witch hunt, it is simple common sense...
I foresee Stern also shrinking and firing a few dozen employees in the near future, particularly those in web development that really just cost money. I suspect the first ones on the chopping board are the 'insider connect crew'... This has already been happening on bigger companies where they chopped off 'new developments' and Stern is really small in comparison but I think they expanded too fast over the last 2 years.
There is no room to grow now but to maintain. The goal is to keep selling and keep profits high. Flash news, I doubt they are selling as much as 6 months ago, so something gotta give. Distros have JJP TS4, BOND PRO AND PREM unsold and some LE...
Something is changing.
The price increase is to cushion some of the upcoming depreciation of these machines that will no longer be sold for NIB prices in the used market. Stern took the scalpers role and we are now paying it if you want it NIB.
In other words, I expect that at any rate the 'faux' pinflation we are currently coming out of will be even more notable in the next 6 months as rates will continue to go up a at least likely another .5 in the new year. They are just giving us a break now before the holidays, to promote spending and to go easy on us. Come 2023, get ready for another higher lending rates. We will then see pre covid prices in the used market...
I do expect the secondary to soften to the numbers they need to be at, which is $1500 to $2000 under the current prices across the board.