..I just got an update from friends from german HiFi Magazines - and its sad and shocking to hear that the above brands might stop their operations under Sound United - owned by Masimo since 2022.
This is the predicted consequence of selling leading brands into the hands of "Idiots" who never had a feet in the door to our world of Consumer Electronics. Sound United after a long crisis around their controversial CEO Joe Kiani held a conference just now.
They announced after their conference that they might close down even earlier with beginning of 2025! Their shareholders appreciate their "outlook" to close down this business - and their shares went up..... this says it all.
This is the predicted consequence of selling leading brands into the hands of "Idiots" who never had a feet in the door to our world of Consumer Electronics. Sound United after a long crisis around their controversial CEO Joe Kiani held a conference just now.
They announced after their conference that they might close down even earlier with beginning of 2025! Their shareholders appreciate their "outlook" to close down this business - and their shares went up..... this says it all.