I wouldn't be shocked if the wide bottom of the demand pyramid was doing a lot of work to support the tiny, pointy top... Economies of scale on lens and body pr

I wouldn't be shocked if the wide bottom of the demand pyramid was doing a lot of work to support the tiny, pointy top... Economies of scale on lens and body production. For example, with lenses, you can produce a thousand lenses with somewhat random quality, sell the best ones to the pro market, and then sell the not quite as good ones to the cheaper end of the market. When you take out there low end market, you then need to either produce more consistent high end lenses, or raise prices since the low end market isn't there to buy the lower quality outputs.