High End "in a Funk," Claims NY Times
The High End has reached a new low, one characterized by "existential angst." That's how Lawrence M. Fisher of the <A HREF="http://www.nytimes.com/"><I>New York Times</I></A> describes the industry's ongoing malaise. In a well-researched and well-written piece that appeared last Thursday, July 9, Fisher cites "demographic and economic issues beyond its control and technological trends that threaten its very relevance." He mentions the economic crisis in Asia---destination for a large proportion of American high-end audio products---as a major contributing factor to the stagnation in which much of the industry is mired.