"Apple Computer, on the bus, with the iPod."
According to this article, the iPod — or, more accurately, the current ubiquity of music-on-the-go via a small portable player — is killing hi-fi. JVC and Kenwood just merged in an effort to cut costs and stay competitive in a shrinking and crowded market, and the parent company of Denon, Marantz Boston Acoustics, Snell Acoustics and McIntosh is up for sale.
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It's not really the fault of the iPod, though. Other factors that are much more important:
"Listening to music" as an activity--where you put on one side of an LP and do nothing else for twenty minutes--is, alas, a relic of an older era, when people had a lot more leisure time, and had the thick walls of a basement rec room to absorb the sound.
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I don't really buy the CD as a cause, either. There's lots of very good audio gear out there that post-dates the CD. Apartment living is very likely a factor, sure — when I was in an apartment in San Jose, I almost stopped watching movies on TV because I got sick and tired of being unable to listen at a volume that made dialogue clearly audible without getting complaints at the first loud noise. It's one of the things I hate about apartment living — I'm perfectly willing to live and let live, the problem is finding neighbors who feel the same way.
I'm not happy about the middle dropping out of the audio market, because I like my component A/V systems. I don't want to have to choose between an iPod (well, OK, an integrated all-in-one box hooked to a six-inch "subwoofer" and a half-dozen tinny little inch-and-a-half satellites) and a fifty-thousand-dollar high-end audiophile audio system.
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yeah,
I did fairly well 20+ years ago picking my components out of the bottom of what was then considered "mid-fi". Sounded a helluva lot better than what most other college kiddies were bringing to school even if their audio gear theoretically had more watts and more blinkenlights.
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--those who prefer living in a city
--those who don't want or need a whole lot of living space, e.g. single people
--those who can't afford a single-family home just yet but want to get onto the property ladder, hoping to trade up in a few years. of course, this assumes that your property will actually appreciate.
Other than that, they're just plain annoying. Condo associations telling you what you can and can't do, thin walls, condo fees that far exceed what you'd pay on your own for snow shoveling, repairs, landscaping, and trash removal--given that if you owned a single family home you'd end up doing a fair bit of the labor yourself "for free". No thanks.
One peculiarity of Boston-area condos is that so many of them are located in converted two- and three-family houses. This makes the condo association very small, and it makes special assessments for repairs to the structure and/or grounds problematic. There's always one person in the group who can't or won't pay, and then the owners of the units end up suing each other and making enemies of each other.
If I'd had the scratch for a down payment I'd've bought one when I was 25, *mumble* years ago, but now? no way.
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Don't you get that in (some) suburbs, too? Coming from a country where homeowners' associations and gated communities are almost unknown, it sounds like hell on earth.
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HOAs often perform the same functions as a town or city government. In places like New England, NY, and NJ, where every bit of land is incorporated into some municipality, HOAs aren't that common. But once you get into the South and West, where there's lots of housing built on unincorporated land, you get more and stronger HOAs. I could rant for days about how evil HOAs can get.
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Personally, I think all of them need to go and get laid or something, or find something productive to do with their time.
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"CD Player sales were $36.2M" Well, who buys a dedicated CD player instead of a DVD player? (In 2006, there were 20M DVD PLAYERS sold for, I'd guess, well over $1B in sales.)
And the thing is, with a digital output, ANY DVD player is going to produce absolutely gorgeous sound, if you put a decent amplifier in front of it.
So the end result is that the only "Hi Fi" component you need is a home theater amplifier, and then a half dozen digital devices for sources.
And home theater rooms, and home theater systems, are selling just fine.
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(Though the last is somewhat moot because, well, (a) my tape player died too, and (b) who records CDs to tape any more? The advent of readily-available CD-ripping software and the commodity portable MP3 player has made the Philips compact cassette effectively obsolete.)
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Good enough for Neil Young