Originally Posted by kdog750
A flip side of the coin is they might be thinking an Elite version 2 would cut into the profit base of the new 945. Unless the 945 is like half the price of the Elite or is 4K or OLED, I think there is too much overlap. I doubt it though.
Sharps bigger concerns are losses exceeding a Billion+ for three months. We may see some serious restructuring as they are talking thousands of layoff's.
My thought is the Elite experiment may not be working out financially "NOT" = profits, as a Boutique panel usually doesn't turn alot of profits because of price/volume cannot deliver on that especially in this economy and the currency exchange issues. Not to blame it on the Elite Tier as it has succeeded as a Tech but at what cost? It may be time to take Elite technology mainstream at consumer friendly pricing to get volume instead of bragging rights at the expense of making money for the shareholders which is why they are in business.
Hard to believe they've lost so much money but I guess one of the problems may be that so many furniture dealers are giving away Cheap plasma/lcd's TV's as promo's for something we paid thousands for a few years back that it's cutting into sales - (Amazing that consumers actually believe they are getting a FREE TV when they are just buying junk furniture and getting a basic TV built into it's pricing structure). Also, China is perhaps cutting heavily as they use their Red Slave Labor to destroy the rest of the World's competitiveness and Sharp is partnering with China to build them a new 8G plant but China was demanding a replica of the Saiki 10G plant which would eventually destroy and canibalize it's Saiki plant sooner or later. Profit picture may be so dire at Sharp that it may force them into the China deal.
Many more would welcome Elite Technology tweaked and brought mainstream at friendly consumer pricing as a 945 IMO and this would be an evolution where technology eventually trickles down or evolves or may go extinct as a product line and it all just goes mainstream. Just wish other technology could drop in price like electronics, imagine a $100K sports car dropping to $20K after three years - why is there never any price fixing in manufacturing of autos yet Panel builders get hit year after year? Hopefully Sharp announces plans soon as the first anniversary of Elite will be very soon. Have a good day!