3 ms·
What is the real significance here? They are a single manufacturer of a standardized style. Is this part of a trend of lower sales? Some kind of non-business m
by jeffdavis 7y ago
What is the real significance here? They are a single manufacturer of a standardized style.
Is this part of a trend of lower sales? Some kind of non-business motivation (politics, pressure, etc.)? Or just a business with a product that doesn't compete?
I'm not sure there's a lot of intellectual content here either. The AR-15 itself isn't much different from other rifles except it looks scarier. Which is largely because it's made of modern, mass-producible materials rather than wood.
- binaryblitz 7y ago> Is this part of a trend of lower sales? "Colt Firearms will be ending its production and sales of its AR-15 rifles due to lack of public demand amid excess market capacity." It's the first thing on the page...
- jeffdavis 7y agoThat's ambiguous about whether demand for all AR-15s is down, or just for Colt's AR-15. Seems like just Colt's, which means this doesn't seem to matter a lot.
- goatinaboat 7y agoThat's ambiguous about whether demand for all AR-15s is down Thanks to Robert Francis O’Rourke AR-15 sales overall are having another record month.
- AdrianB1 7y agoIt was explained that Colt is too expensive on a competitive AR-15 market.
- rayiner 7y agoGun sales are up: https://www.washingtonexaminer.com/washington-secrets/gun-sales-surge-15-driven-by-self-protection-pelosi-schumer-demand-for-limits https://www.washingtonexaminer.com/washington-secrets/gun-sa.... There has been a bit of a slump in 2017-2018 as the industry corrects for what was a huge boom during the Obama years, but gun sales are still up dramatically over the 21st century to date.
- partialrecall 7y agoIt's about as significant as IBM dropping out of the PC market because Dell,etc are preferred by consumers. The platform is standardized and the vast majority of AR-15s the public own have no Colt parts in them. Colt are a big name, but from the perspective of the home consumer they are no longer significant.
- egdod 7y agoDemand for AR-15s is high. Demand for Colt AR-15s is not. Colt makes a perfectly ok rifle, but the premium they charge is not justified, and buyers know it.