Originally Posted by M Code
Onkyo has been losing $ for the last several years, with the biggest loss in 2012. Thats why they sold 51% to Gibson Corp...
Here is a link to their income statement..
Just my $0.03...
Do you know the reason(s) why Onkyo lost big in 2012?
Does it have some' to do with quality control issues, or to many faulty units, or too many returns, or warranty issues ..?
It is quite something when back in 2007 (TX-SR*05 Series) they were quite distinguished from the rest with Audyssey, THX, heavy receivers with big transformers, very nice looking inside, great power results in the test bench, several great pro reviews, and all.
And every year they added up; with better video processors, ISF certification, and keeping on the edge of the receiver's market. ...We all know about the TX-SR805 (THX Ultra), S705 (MultEQ XT), 875 (Reon), 905, 876, 906, NR3007, NR5007, 3008, 5008, 3009, 5009, 3010, 5010, all heavy weight with all THX certification, great video processing with ISF, and all that good jazz, including Audyssey MultEQ XT32...
So they were extremely competitive with the rest; Denon, Pioneer Elite, Yamaha ..
What happened to Onkyo in the last few years that they were losing money?
And in 2014 AccuEQ is definitely a step down; you don't have to be blind to not see that.
Yes of course they can still sound great with it, and even better when Dolby Atmos is implemented next month, but if they were to retain Audyssey we would have been all excited.
But it is Denon and Marantz now who are taking the lead in that department with four DSP chips inside those units with Audyssey MultEQ XT32 (Pro Ready) and Dolby Atmos.
The weight of receivers (flagship ones) is now roughly between 30 and 40 pounds, and Onkyo/Integra with their big guns were 55 pounds. We were always looking @ the bench tests to make sure of the real performance in the power aspect, with five and seven channels driven all together (bench replication, not @ home).
And then the 9-channel receivers came (Yamaha with 11-channel of amplification), and they were restricting the total power in real life (and on bench tests it was dramatically obvious), because simply too many channels of amplification.
But many people used them and still use them as pre/pros and add more amplification (separate amps) to them. Because they were so loaded with all the features they made more sense to use them as affordable pre/pros.
Onkyo was also goof value, but now the wind seems to have shifted, and Denon and Marantz might be the new leaders. Denon was always more expensive than Onkyo, and the Denon sound was never high-end sound (softer, restricted, ...), and Marantz was just better, and Yamaha too, and Pioneer went Class D, and here we are now with Dolby Atmos just few weeks away, and the new AccuEQ and the old solid Audyssey MultEQ XT32.
This thread is fine; people are free to share their opinion. And there are some facts on both sides of the bridge.
Eventually more and more people will compare (in real life) Audyssey MultEQ XT32 and AccuEQ working in tandem with Dolby Atmos, and we will find more; because Dolby Atmos is a new game in surround sound.
And right now I am from the camp that Dolby Atmos working with Audyssey MultEQ XT32 is the best way to go. ...And tomorrow I'll know even more and my confidence will become stronger and stronger, I truly believe. Because sophisticated good EQuing is important, no matter what; this is the right way, the way ahead, the way of a better future when watching our Blu-ray movies with great surround soundtracks.
...And now add Dolby Atmos and Dolby Surround to that canopy of the latest surround sound technologies; 3D sound immersion, a la vertical elevation. ...Should be real good, and I know that I'll be joining the party, maybe not this year but probably with the 2nd generation. I'm patient, and very excited.
Onkyo is not what it was supposed to be; they lost money because they never admitted their fault in trying too much and doing nothing. ...The ship has sunken.
* EDIT: I found a thread where Onkyo just admitted a Network chip failure in many of their receivers (SSPs) from 2009 to 2012. ...They have now issued an extended warranty till year 2018 for all those affected (that's many!). That failure is causing the audio to drop. ...On the HDMI board, where that Network chip resides.
Next time I buy an Onkyo product, that'll be the day! And AccuEQ has nothing to do with it, it's all Onkyo's own fault; they are the one responsible for all their non-actions, bad decisions, not admitting fast enough of all their failures (like the car industry), and they are the ones who picked AccuEQ and abandoned Audyssey.
People are free to buy anything they want, and people are also free to share their experience, and their knowledge too. At the end we are the ones making the final choice, when we vote with our wallets.
And Onkyo has just made that choice much more easier now for us, in our lives. Bye Bye Onkyo....
...Perhaps in five years or so if you have the guts to make reliable products. ...For that you need a real strong team of people who are dedicated to your customers, and not just money for your investors.
The best investment is in people first.