Do you feel that Canon "price gouged" early 5D III buyers?

Started Oct 25, 2012 | Discussions thread
zlatko
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Re: Do you feel that Canon "price gouged" early 5D III buyers?
In reply to shaunly, Oct 25, 2012

shaunly wrote:

Jeff Palmucci wrote:

No, I don't feel gouged. For the amount of camera you were getting, and compared to what else was available, I thought (and still think) it was a pretty reasonable price.

However, now that the D800, and especially D600 are out, Canon will probably have to lower their prices a bit.

I'm still glad I bought it when it first came out. I'd rather have the several months with the 5D3 than my $400 or so.

Its obvious that the price drop were due to fallen sales figures and to stay competitive. Other companies are offering much more for less. Why do you think they announced a new firmware press released with more features. I think Canon has finally started to see that they can't keep milking brand loyalty.

Wait ... price drops over time are extremely common in the camera business and in many other businesses.  Countless cameras, lenses, flashes and other gadgets — from numerous brands, those with and without brand loyalty — go through similar price adjustments.  And firmware updates are also very common in the camera business.  You take these two points as evidence that "Canon has finally started to see that they can't keep milking brand loyalty"?  That presupposes an unjustified assumption, and then draws an unjustified conclusion.

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