But I prefer to pay for actual materials and labour
It doesn't work that way. No company will sell you their stuff for the cost of materials and labour. At least no company that wants to turn a profit. And do you think the R&D and prototyping stage is free? I bet by the time everything is ready for production, the project already cost Olympus couple of million bucks.
Of course, but that cost applies to everything - where did the R&D cost go for the other PRO lenses which came in at lower than generally expected prices?
It boils down to the expectations I would guess. I think it's much trickier to put a price tag on such a specialty lens, than the 12-40 for example. And people will have different expectations, depending on who you ask. It's the same with the 8/1.8 fish-eye. For me, it's the most interesting lens in the whole PRO lineup, and the only one I really want. And a one that I will eventually get. Contrast that to many others, that don't even see a point of such a lens existing, much less being sold at a premium price.
But you've got a point with the R&D cost for other lenses. I would guess the difference is that Olympus is expecting the market for this one to be significantly smaller and the price reflects that? Probably the same with the fish-eye.
And you know what? I wonder if this rumor is not deliberately spread by Olympus to see the reaction.
And while we're at asking questions. Why is this 300/4 so late I wonder? It's been announced ages ago, and every time we're hearing about it, is in the context of it being "delayed". I'm kinda curious what's going on there behind the scenes. Was there some design change in the process or something?
The new 300/4 from Nikon is 2000 EUR, so why is Olympus introducing their 300/4 for the same or lower price such a huge deal? [...]
The Nikon is introducing new technology. Yes, it may be a superior lens worth the extra price. I agree we need to wait and see.
And we still don't know all that much about the Oly lens. Maybe they do in fact have an ace up their sleeve and it does use some new technology or something (why does it take so long?). Who knows.
Here were Olympus has to put up or shut up. If they want to attract the professional market, they have to take on the competition on their own ground.
You mean they should have announced 300mm f/2 for $10,000?
Well they already have the 300 2.8. This fills a major gap. But yes, in due course, if Oly has the pro aspirations they claim, some pretty extreme lenses will be required.
You know, I wonder about that. I mean, sure, you're right assuming they want to enter that market. But I'm not so sure if Olympus really wants to aspire to the highest level of the pro market. The one that is dominated by Canon and Nikon, with their $15k lenses. I actually doubt it's even possible for them to penetrate that. And with professional photography business shrinking (photojournalism for example), there's less and less clients for such lenses.
Again, we're talking sub 2000 here. Less than any pro-grade FF body. Less than a lot of pro-grade FF lenses.
I'm not bothered by the actual price. If its better than the Panny and meaningfully better than an adapted lens, I'll buy it. But I think Oly is making a mistake. If the price is maybe 30% less, it would fly off the shelves - at this price point I think they'll struggle
A fair point. I think that if they'll miss the target and end up pricing it too high (the market will quickly verify that), they'll just drop the price or make some other promotion. Like bundling the lens with TC or something. What I'm hoping for is that the rumor is true in that the price will be sub-2000. If they launch at >2000, than yeah, I would fully agree with you. It's kind of a psychological barrier I guess.
While an adapted lens may not be as good, when the money for glass gets serious, another very real option is to buy a different body. So the Canon (or Nikon) lens option could lead to people going back to DSLRs to do the job.
[...]
But where your argument fails is the economic calculation. Why do you think spending $2000 for a Nikon body and a 300/4 lens is more cost effective than spending $2000 on a lens for your existing system? [...]
Except with DSLR I don't have to buy new. Now it might not be fair to compare a new Oly lens with a used Canon L, but the reality is that's a viable option which Oly should take into account.
Good point. But you usually can't compete with second-hand market. Regardless of who you are and at what price you want to launch your product. Even Canon releasing new versions of their lenses can't beat that no matter what they would do. The only thing they can do is deliver a superior product that offers extra value vs the older and cheaper or second-hand alternatives. It's the same for Olympus.
But that's also one of the reasons why I don't think Olympus wants or even can penetrate the pro market at the highest level. That's why this 300mm is f/4 and below $2k (assuming it is) and not f/2.8 for $5k. They have some experience in that regard, with the 4/3 system.